Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past five years, equivalent to more than 40% of t...
Source: [CryptoSlate](https://cryptoslate.com/stablecoin-issuers-have-replaced-40-of-chinas-lost-us-treasury-demand/)