💲 Due to fears of a potential US default, Circle decided to shift the money into short-term securities maturing before early June  

The company has no government debt maturing later than May 31st.

💡 Democrats and Republicans in Congress cannot make a final decision on raising the national debt limit. There are fears that if they do not agree, then the Ministry of Finance will be forced to stop making payments on bonds in June, since there will simply be no money. The US has never defaulted in history.