Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Treasury says money-market mutual funds absorbed about 85% of more than $550 billion in new bill supply during July and August. The post Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge appeared first on CryptoSlate.
Key Takeaways
- Treasury says money-market mutual funds absorbed about 85% of more than $550 billion in new bill supply during July and August.
- The post Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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