EconomyStablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Money-market mutual funds absorbed about 85% of the more than $550 billion increase in US Treasury-bill supply during July and August, according to the Treasury Department. Stablecoin providers hold nearly $200 billion in short-dated government debt, but that stock differs from the two-month purchase figure and may overlap with money-fund and repo holdings.
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CryptoSlate★★★☆☆2026-09-23 16:40Original
Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Economy