Defi
San Francisco Fed study finds stablecoin Treasury growth offsets China’s retreat
Crypto Briefing·October 1, 2026·1 min read
A San Francisco Fed study found stablecoin issuers added about $200 billion in Treasuries, offsetting over 40% of China's decline in holdings. This growth in stablecoin Treasury reserves helps balance global demand for U.S. debt, highlighting the increasing role of digital assets in traditional finance.
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