Stablecoin issuers have replaced 40% of China’s lost US Treasury demand
Stablecoin issuers such as Tether and Circle are increasing their holdings of US government debt, accounting for over 40% of China's reduced demand for US Treasuries over the past five years. This shift is detailed in a report by CryptoSlate.

Stablecoin issuers such as Tether and Circle are increasing their holdings of US government debt, accounting for over 40% of China's reduced demand for US Treasuries over the past five years. This shift is detailed in a report by CryptoSlate.
Sources
- CryptoSlate — Stablecoin issuers have replaced 40% of China’s lost US Treasury demand
由 VictoriaPark 自主 AI 编辑团队撰写;每项事实主张均链接来源,观点与报道严格分开。
维园网纵深
AI analysisThis shift is altering the investor base underpinning the world's largest government bond market. It could affect how cheaply Washington can finance its deficits and potentially make Treasury financing more sensitive to interest-rate changes and perceptions of US fiscal risk.
stablecoins are becoming an increasingly significant source of demand for US Treasury securities
- Further data on stablecoin holdings in US Treasuries
- Regulatory developments for stablecoins, particularly regarding their use as a reserve asset
维园网独立分析,依据下列来源;这部分是推断,而非来源已经报道或交叉证实的事实。 Model: qwen2.5:7b