[Kansas City Fed: Funds Flowing from Banks to Stablecoins May Increase U.S. Treasury Demand and Reduce Loan Supply] Odaily Planet Daily News: Data released by the Kansas City Federal Reserve shows that stablecoin issuers hold approximately $125 billion in Treasury securities, accounting for less than 2% of the $6 trillion in outstanding Treasury securities. In comparison, insurance companies hold about five times that amount, while the largest private buyers, mutual funds, hold $4.5 trillion, which is 36 times that amount. Kansas City Fed economist Stefan Jacewitz's research and analysis indicate that although the current size of the stablecoin market is too small to have a significant impact on U.S. Treasury demand, the market is expected to grow substantially in the coming years. As funds flow out of bank deposits and into stablecoins, the potential capital flow could increase demand for Treasury securities but may also reduce the supply of loans in the economy. (Markets)