India's holdings of US Treasury securities have fallen to a near six-year low of $181 billion in April, as the Reserve Bank of India diversifies its foreign asset portfolio by increasing gold reserves to 881 metric tonnes.
As of the end of 2025, gold accounted for 27% of global official reserves, surpassing US Treasuries by 5 percentage points. Despite price volatility, central banks increased holdings by 244 tons in Q1 2025, signaling continued demand.
Gold has overtaken US Treasuries as the world's largest central bank reserve asset, accounting for 27% of global reserves by the end of last year, according to an ECB report. This shift is attributed to sustained central bank gold purchases and a near doubling of gold prices.
Central banks are increasing their gold holdings, with China being the largest buyer since early 2022. Gold's share in global foreign reserves surpassed US Treasuries and the euro in 2025, driven by valuation effects and a desire for diversification and geopolitical risk hedging.
Gold has overtaken US Treasuries as the world's primary reserve asset, with central banks' holdings reaching 27% of total reserves by end-2025, up from 20% a year prior. US Treasuries fell to 22% from 25%. This shift is driven by a historic gold price rally and central banks seeking alternatives to the dollar.
JPMorgan's JLTXX fund invests in US Treasury securities and overnight repo, targeting $1.00 NAV, to meet stablecoin issuer reserve requirements under the GENIUS Act, utilizing Ethereum with planned expansion to other chains.
JPMorgan's JLTXX fund invests in US Treasury securities and overnight repo, targeting $1.00 NAV, designed for stablecoin issuers' reserve needs under the GENIUS Act. Initially on Ethereum, with potential Solana expansion for reserve operations, illustrating a multi-chain institutional cash architecture.
Tether’s second reserve asset is intelligence Tether’s QVAC project begins with an unusual phrase for a stablecoin company. The company describes “QVAC Psy” as a family of foundational models “rooted in the principles of Psychohistory.” The reference to psychohistory belongs to Isaac Asimov’s Foundation universe, where Hari Seldon uses mathematics, statistics, and social dynamics to […] The post Tether launches decentralized local AI using Isaac Asimov’s Psychohistory straight out of Foundation appeared first on CryptoSlate.
