As Foreign Investors Dump $29 Billion in Treasury Bills, Washington Pivots to Stablecoin Issuers to Back US Debt

Foreign Investors Dump $29B in Treasuries as Washington Pivots to Stablecoin Issuers

Foreign investors pulled $29 billion from Treasury bills as Washington turns to stablecoin issuers to back US debt, while institutional crypto products gained ground and regulatory tensions persisted across the sector.

CoinStats - U.S. Debt: Stablecoins Tapped as Foreign Inve...

Foreign investors sold $29 billion in short-term US Treasury bills in June. Yet they did not flee the United States: $181.4 billion moved towards US equities in the same month. For Washington, the shift matters. Stablecoins could provide a new regular demand for T-bills as some foreign investors reduce their positions. L’article U.S. Debt: Stablecoins Tapped as Foreign Investors Pull Back est apparu en premier sur Cointribune.

As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt

Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they sold $29 billion of Treasury bills. Those numbers describe two different tides in the same month. Most of the incoming money went into US stocks, while demand for government debt was much weaker. Foreign buyers purchased $181.4 billion of US equities and only $6.8 billion of long-term Treasuries. At the short end, they reduced the bills com…