IIF said that global debt rose to 365000000000000 USD, while stablecoin issuers increased their holdings of short-term U.S. Treasuries
IIF Data show that global debt rose to 365000000000000 USD, an increase of 10000000000000 USD over months. A Federal Reserve Bank of San Francisco report said that stablecoin issuers increased their holdings of short-term U.S. Treasuries at a faster pace than Japan.