Stablecoin Issuers Now 18th Largest Holder of U.S. Debt

Tether Ltd, the issuer of tether (USDT), the world’s leading dollar-pegged cryptocurrency by market value, alone holds around $91 billion in Treasuries and Circle, the issuer of USDC, holds short-dated U.S. debt, including repos, worth $29 billion, according to Tagus Capital.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,170
Markets: 1,282
Marketcap: $ 2.82 T
24h Vol: $ 94.43 B
BTC Dominance: 58.91%