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USD Stable Coin daily volume breaks k billion, demand for US bonds reserves surges 2000 billion USD
According to reports, since June, the daily average volume of USD stablecoin has exceeded 100 billion USD, significantly surpassing the volume of BTC and Ethereum, according to the quarterly reports of the two major stablecoin issuance companies, a total of 250 billion USD in USD stablecoin, with US Treasury bonds accounting for at least 80% of the reserve assets, equivalent to an additional demand of 200 billion USD for US Treasury bonds.