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Tagus Capital: Stablecoin issuers are the world’s 18th largest holders of U.S. debt

Tagus Capital: Stablecoin issuers are the world’s 18th largest holders of U.S. debt

CointimeCointime2024/06/20 12:13
By:Cointime

Stablecoin issuers currently hold over $120 billion in US Treasury bonds, making them the 18th largest holder of US bonds globally, surpassing major surplus countries such as Germany and South Korea, according to data tracked by Tagus Capital.

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