🇺🇸 The capitalization of tokenized U.S. bonds has increased 50 times
🔼 According to data from Token Terminal, since the beginning of 2024, the total market capitalization of tokenized Treasury products in the U.S. has grown from less than $200 million to nearly $7 billion by the end of 2025.
This 50-fold growth highlights the rapid acceleration of blockchain adoption for government debt instruments.
✅ The market leader is the BUIDL fund from BlackRock. Other significant players include USYC from Circle, USTB from Superstate, and OUSG from Ondo Finance.

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