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
Ownership highlights how digital asset players are encroaching on traditional markets — Stablecoin issuers like Tether … Tweets: @eden_holdings Tweets: @eden_holdings : “Tether and its peers accounted for 2 per cent of the market for Treasury bills - More than the proportion owned by Warren Buffett's investment behemoth Berkshire Hathaway.” https://www.ft.com/...