Stablecoin Issuers Hold $120B in T-Bills, Says U.S. Treasury

Stablecoin Issuers Hold $120B in T-Bills, Says U.S. Treasury

The U.S. Treasury’s recent fiscal report revealed that stablecoin issuers now collectively hold approximately $120 billion in U.S. Treasury Bills (T-Bills), underscoring the crypto sector's rising integration into traditional finance. This trend, driven by increasing blockchain adoption and the need for more stable assets within the cryptocurrency market, reflects a broad shift towards stablecoins like Tether (USDT) and Circle’s USD Coin (USDC) ...

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