This is a significant change since the end of April, when the fund held more than $30 billion in U.S. Treasury bonds, according to Circle’s monthly attestation. The last Treasury bond worth $4 billion among the fund’s holdings matured on Tuesday, the fund’s website showed.

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• Source: https://www.coindesk.com/markets/2023/05/31/usdc-issuer-circle-has-ditched-all-us-treasuries-from-24b-reserve-fund-amid-debt-ceiling-showdown/?utm_medium=referral&utm_source=rss&utm_campaign=headlines