$USDT
๐จ๐จ IMF Report: Stablecoins Pivot to US Treasuries ๐จ
- USDT (Tether)
- 2021: Focused on short-term assets & corp bonds
- 2025: >80% in US Treasuries
- USDC (Circle) :
- 2021: Cash & deposits dominant
- 2025: >80% in Treasuries + reverse repos
Key Takeaways โฌ๏ธ
- Stablecoins emerge as key US Treasury buyers
USDC
1.0004
0.00%
- Post-regulation (MiCA, US bills), shift to Treasuries
- Strengthens link to dollar-based finance
- Stablecoins โ just โcrypto liquidityโ โ now tied to US debt markets, resembling digital dollar expansion
WLD
0.3833
-3.23%