Stablecoin Holdings Near $200 Billion as U.S. Treasury Bonds Become a Major Holding

Stablecoins are rapidly increasing their holdings of U.S. Treasury bonds, reaching nearly $200 billion, according to Bitwise Asset Management data. This places them as the 17th largest holders globally. This shift reflects stablecoin issuers’ strategic diversification efforts amid regulatory pressures and growing demand for secure asset backing.