JPMorgan: Tether, Circle, and other stablecoin issuers now hold $80b of short-term US government debt, accounting for 2% of the Treasury bills market as of May (Scott Chipolina/Financial Times)
Scott Chipolina / Financial Times:
JPMorgan: Tether, Circle, and other stablecoin issuers now hold $80b of short-term US government debt, accounting for 2% of the Treasury bills market as of May — Ownership highlights how digital asset players are encroaching on traditional markets — Stablecoin issuers like Tether …
from Techmeme https://ift.tt/SWDxHAR
JPMorgan: Tether, Circle, and other stablecoin issuers now hold $80b of short-term US government debt, accounting for 2% of the Treasury bills market as of May (Scott Chipolina/Financial Times)
Reviewed by swadu
on
August 20, 2022
Rating:
No comments: