Tokenized U.S. Treasuries Surge Past $8.7 Billion as Blockchain Adoption Grows
The market for tokenized U.S. Treasuries has eclipsed $8.73 billion in total value, marking a 1.8% weekly increase. Over 57,900 holders now participate in this burgeoning sector, which bridges traditional finance with blockchain technology. Sovereign debt digitization offers regulated, yield-bearing exposure across multiple chains, currently averaging a 3.72% APY.
Securitize dominates with 33.5% market share, fueled by BlackRock's $2.83 billion BUIDL fund. ONDO Finance follows with $1.47 billion in treasury products, while Circle's single offering approaches $1 billion. The sector's rapid expansion underscores institutional confidence in blockchain-based financial instruments.