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Circle reserves no longer contain US Treasuries that mature after June
By Mike Dalton at 2026-05-06 03:01
Sentiment: Positive
Circle CEO Jeremy Allaire said in a statement to Politico on May 10 that his stablecoin firm no longer holds long-term U.S. Treasuries. Specifically, Circle does not hold Treasuries that mature later than June 2023. Allaire explained the company’s reasoning by stating: “We don’t want to carry exposure through a potential breach of the ability […] The post Circle reserves no longer contain US Treasuries that mature after June appeared first on CryptoSlate. Continue reading...
Categories: Featured
Tags: #Featured #Regulation #Stablecoins
Source CryptoSlate