🔥🔥🔥 STABLECOIN ORGANIZATIONS BECOME THE 18TH LARGEST DEBTOR OF THE UNITED STATES
⏩ According to Tagus Capital, stablecoin institutions currently hold more than $120 billion in US Treasury bonds, making them the 18th largest holder of US debt, surpassing both Germany and South Korea.
⏩ Tether, the company behind USDT, owns 91 billion USD in treasury bonds. Circle, the parent company of USDC, holds US short-term debt worth $29 billion.
⏩ According to the US Department of Finance, the country's public debt exceeded the 34,000 billion USD mark at the beginning of this year, increasing at a dizzying pace.
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