🇺🇸 The market capitalization of tokenized US bonds has increased 50 times.



🔼 According to Token Terminal data, since the beginning of 2024, the total market capitalization of tokenized treasury products in the US has grown from less than $200 million to almost $7 billion by the end of 2025.

This 50-fold increase highlights the rapid acceleration of blockchain adoption for government debt instruments.

✅ The market leader is the BUIDL fund from BlackRock. Other significant players are USYC from Circle, USTB from Superstate, and OUSG from Ondo Finance.
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