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IIF: Global debt rises to 365000000000000 USD Stablecoins become new buyers of U.S. Treasuries

PANews October 2 reported, citing Cryptopolitan, that the Institute of International Finance September 23 Global Debt Monitor shows that global debt reached 365000000000000 USD a new record high, increasing by 10000000000000 USD, with emerging-market debt increasing by 6500000000000 to 110000000000000 USD. The Federal Reserve Bank of San Francisco September 28 report pointed out that the share of U.S. Treasuries held by foreign investors has fallen from 2000 a peak of over 50%in the late 2026 to approximately 30%at the beginning of the year. Stablecoin issuers have increased their holdings of short-term U.S. Treasuries since 2023 at a faster pace than Japan; the bank estimates that by 2030 demand for short-term U.S. Treasuries from stablecoins may nearly double to approximately 400000000000 USD。

Source: https://www.panewslab.com/zh/articles/01a0fa04-ec93-72ba-869a-665574ac6690