Stablecoin cash flow remains idle despite $315B in holdings

$315 billion in stablecoins sit idle in wallets and treasuries without generating yield. Most funds remain in cold storage or exchange balances, not deployed into money market funds or credit markets. Tokenized U.S. treasuries and corporate bonds now represent a growing onchain asset class. The sector shifts focus from staking rewards to linking onchain dollars to real-world yield-generating assets.