Stablecoins Rise Into Top 20 Holders Of U.S. Treasuries As Market Influence Grows

Stablecoins have quietly climbed into the ranks of the world’s largest holders of U. S. Treasuries, surpassing several major economies, including Saudi Arabia, South Korea, Israel, and Germany. The shift underscores how rapidly on-chain money markets have expanded and how deeply stablecoins are now intertwined with global liquidity flows source: https://www.ethnews.com/stablecoins-rise-into-top-20-holders-of-u-s-treasuries-as-market-influence-grows/