# Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge

https://mins.news/en/item/71006

- CryptoSlate, 2026-09-23 16:40 UTC
- Economy
- Original: https://cryptoslate.com/stablecoins-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.