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Add as a preferred source on GoogleUSD Coin Reserves Total About $70.5 Billion in Nov. 5 Snapshot
The reserve mix included about $36.6 billion in overnight reverse Treasury repurchase agreements and $23.3 billion in Treasury securities maturing in less than three months.
Mentioned assets
USD Coin (USDC) reserves totaled about $70.5 billion on Nov. 5.
About $36.6 billion of the reserves was held in overnight reverse Treasury repurchase agreements.
Another $23.3 billion was in Treasury securities maturing in less than three months.
Deposits at systemically important institutions totaled about $9.9 billion, while other bank deposits amounted to about $800 million.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.