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 .
Source: [CryptoSlate](https://cryptoslate.com/stablecoins-hold-nearly-200-billion-in-us-debt-but-money-funds-bought-the-surge/)