CryptoMediaClub
Wednesday, July 30, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea

09.07.2025
A A
0
118
VIEWS
ShareShare

Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table.

The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion.

Tether’s USDT tops the cohort. Its first-quarter attestation showed $120 billion in Treasuries, while CEO Paolo Ardoino told CNBC in late May that the firm held “more than $125 billion” and continues to expand.

Circle’s May accountant’s report listed $28.7 billion in T-bills and $26.5 billion in overnight repos, for a combined $55.2 billion backing USDC.

First Digital’s May 31 dashboard showed $1.665 billion in FDUSD reserves, 78% of which is held in Treasury bills, amounting to roughly $1.3 billion.

Paxos’ PayPal USD (PYUSD) uses overnight reverse-repo agreements collateralized 97% by Treasuries. It has $878 million outstanding, which implies roughly $880 million in government debt.

According to US Treasury data from April, those positions reach $182.4 billion, enough to leapfrog South Korea and the United Arab Emirates and fall just shy of Norway.

Treasury paper dominates reserves

Issuers buy short-dated government debt because it settles T-plus-zero at clearing banks, offers daily liquidity, and earns yields now above 5%.

Tether’s latest assurance showed that Treasuries, repos, and Treasury-only money-market funds represented more than 80% of its collateral, helping drive $1 billion in first-quarter profit.

Circle uses BlackRock’s SEC-registered Circle Reserve Fund to hold its bills and repos, enabling same-day liquidation if redemptions spike.

Ardoino said that issuing stablecoins “creates incremental demand for US debt without relying on the banking system,” citing Tether’s ranking above that of Germany, the UAE, and Spain.

Circle and Paxos have made similar arguments in policy filings, noting that narrowly distributed, highly liquid collateral protects holders during market stress.

Regulatory backdrop

Lawmakers in Washington and Brussels are considering bills that would restrict reserve assets to cash and short-term Treasury securities, maintaining the current composition but limiting diversification into gold or corporate bonds.

The GENIUS Act, which cleared the Senate in June, would formalize those limits. At the same time, Europe’s Markets in Crypto-Assets (MiCA) regime already bars commodities for euro-pegged coins.

Stablecoin treasurers say the proposed rules align with their investment profile, though they warn that concentration in one asset class links stablecoin liquidity to Federal Reserve funding conditions.

The post Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea appeared first on CryptoSlate.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin could target $141k if it breaks out of the $105k-$125k box
Analysis

Bitcoin could target $141k if it breaks out of the $105k-$125k box

30.07.2025
0

Bitcoin (BTC) remains boxed between $105,000 and $125,000, but a breakout could prompt prices toward $141,000, according to Glassnode’s July...

Read moreDetails
BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’

BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’

30.07.2025
StanChart predicts corporates will control 10% of Ethereum supply over time

StanChart predicts corporates will control 10% of Ethereum supply over time

29.07.2025
Global stablecoin searches hit all-time high with Washington leading traffic

Global stablecoin searches hit all-time high with Washington leading traffic

29.07.2025
BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

29.07.2025
Load More
Next Post
Russian Embassy Demands US State Dept. Provide Updates on WEX CEO Dmitry Vasiliev

Russian Embassy Demands US State Dept. Provide Updates on WEX CEO Dmitry Vasiliev

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bank of America Strategist Claims Crypto and Stock Markets are Overvalued

Bank of America Strategist Claims Crypto and Stock Markets are Overvalued

8 months ago
Elon Explodes But Solaxy’s About to Detonate – $44.8M Raised, 10 Days Left to Get in Before CEX Surge

Elon Explodes But Solaxy’s About to Detonate – $44.8M Raised, 10 Days Left to Get in Before CEX Surge

2 months ago
ConsenSys exec on MetaMask Snaps security: ‘Consent is king’

ConsenSys exec on MetaMask Snaps security: ‘Consent is king’

2 years ago

Razzlekhan Pleads Guilty, Husband Admits That He Hacked Bitfinex

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Solana by the End of 2025

BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’

South Korean Central Bank Unveils New ‘Cryptoassets Department’

Crypto Price Prediction Today 29 July – XRP, Cardano, Shiba Inu

ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

Trending

Bitcoin could target $141k if it breaks out of the $105k-$125k box
Analysis

Bitcoin could target $141k if it breaks out of the $105k-$125k box

30.07.2025
0

Bitcoin (BTC) remains boxed between $105,000 and $125,000, but a breakout could prompt prices toward $141,000, according...

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

AML Bitcoin Founder Sentenced to 7 Years for Fraud and Money Laundering

30.07.2025
Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

30.07.2025
Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

Revolut Mulls Buying US Bank to Fast-Track American Licence: Report

30.07.2025
China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Solana by the End of 2025

China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Solana by the End of 2025

30.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz