The total bond reserves of stablecoin issuers such as Tether and Circle exceeded $80 billion.
of the Financial Times August 22 According to the news dated Tether and Circle short-term US government securities (bill) reserves of stablecoin issuing institutions such as 80 billion the company of veteran investor Warren Buffet Berkshire Hathaway left behind.
From JP Morgan’s research inspired According to the information provided in the news, stablecoin issuers exceeded the total market in May. 2% of he was holding. JP MorganWith stablecoins becoming widespread as a means of payment, this rate will increase gradually announced their predictions.
Stablecoin issuers have been repeatedly illegitimate by the Senate. surveillance kept under and constantly made public. reserve statement are urged to do so.
The part that has emerged in the Chinese real estate sector in the past months liquidity crisis and stablecoin issuers security of reserves was raised by the community. Upon this Tetherany debt instrument related to the Chinese real estate sector in its portfolio not having and financial bonds, which are slightly more risky than treasury bonds in the following periods, in their reserves. will drop had stated.
Lately Tether’s part of the market share to the circle JP Morgan, Circle’s overly transparent reserve depends on the concept.