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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)

by Euro Times
August 21, 2022
in Technology
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Scott Chipolina / Monetary Instances:

JPMorgan: Tether, Circle, and different stablecoin issuers now maintain $80b of short-term US authorities debt, accounting for two% of the Treasury payments market as of Might  —  Possession highlights how digital asset gamers are encroaching on conventional markets  —  Stablecoin issuers like Tether …





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Tags: 80bAccountingbillsChipolinaFinancialCircleDebtgovernmentholdissuersJPMorganMarketScottShortTermStablecoinTetherTimesTreasury
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