Tokenized US Treasury surpasses $10 billion: A new milestone for the RWA ecosystem

2026-01-25 01:23:15

Abstract generation in progress

Source: Yellow Original Title: US Treasury Bonds Tokenized Surpass $10 Billion: What’s Behind the Boom?

Original Link:

Tokenized US Treasury Bonds Break the $10 Billion Barrier

The market capitalization of tokenized US Treasury bonds has officially surpassed the $10 billion mark, marking a consolidation of blockchain technology within traditional capital markets.

As of January 2026, these digital instruments represent the fastest-growing segment in the Real World Assets (RWA) ecosystem, doubling in size compared to the previous year.

The expansion is primarily driven by sustained demand for dollar-denominated yields and operational efficiencies of on-chain settlement.

Unlike traditional brokerage accounts, tokenized Treasury products offer 24/7 liquidity and instant collateral mobility, attracting corporate treasurers and institutional fund managers seeking higher-quality cash alternatives.

The Rise of “Programmable Cash”

Tokenized US Treasury bonds serve as a bridge between the high-yield debt markets and the decentralized finance (DeFi) ecosystem.

Industry giants like BlackRock and Franklin Templeton are leading the sector, with BlackRock’s BUIDL fund alone managing over $2.4 billion in assets.

These assets enable investors to earn government-backed yields while maintaining the practicality of digital tokens.

By integrating yield-generating Treasuries directly into smart contracts, platforms like Ondo Finance (ONDO) allow users to use Treasuries as collateral for loans or as hedges against more volatile cryptocurrencies.

Structural Shift Toward Tokenization

The $10 billion milestone reflects a broader trend of “design compliance,” as regulators in the US and the EU develop frameworks for digital securities.

Ethereum (ETH) remains the dominant network for these issuances, accounting for about 65% of the total market, followed by Stellar (XLM) and Solana (SOL).

Market analysts suggest that this growth trajectory could lead the RWA market to reach $2 trillion by 2030.

Although tokenized Treasuries currently account for only a small portion of the $30 trillion in outstanding public debt, their rapid expansion indicates a transition toward a unified ledger for digital and traditional finance.

ONDO-1.54%

ETH-0.66%

XLM-0.97%

SOL-0.11%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
4
Repost
Share

Comment

0/400

ChainMelonWatcher

· 10m ago

$10 billion? That's just the beginning, real institutional involvement has only just started. --- RWA is indeed hot right now, but the final decision on tokenizing US debt still depends on the Fed's stance. --- Doubling in value and then shouting? Let's see if it can double again this year before making any judgments. --- Honestly, these numbers look good, but what about liquidity? Is anyone actually trading? --- Dollar-denominated yield demand... which means they're still earning in USD. Why bother going on-chain? --- In my opinion, this is just the beginning of traditional finance migrating onto the blockchain. More exotic assets will come later. --- Breaking 10 billion and then bragging? I want to see when it can break 100 billion. --- Interesting. Who are the main players? Do big VCs know? --- It just feels like a new toy for the wealthy. Retail investors should probably stay out of it.

View OriginalReply0

NoStopLossNut

· 11h ago

$10 billion? We're just getting started. I believe in the RWA path.

View OriginalReply0

AirdropCollector

· 11h ago

It's already $10 billion, RWA has really taken off this time, much faster than I expected...

View OriginalReply0

RunWhenCut

· 11h ago

1 Billion dollars? Really? Is RWA really about to take off? --- Government bond tokenization doubles growth, it seems everyone is looking for stable returns --- Another year of doubling, when will the next 10 billion come? --- Traditional finance has entered the scene, this time blockchain is really going to change the game --- With such attractive yields, no wonder big players are pouring money in --- Tokenizing government bonds, this is the right way to unlock RWA --- 突破了100亿？Feels like I just heard about this concept last year, the growth rate is quite rapid --- The demand for USD yields really supported this market rally --- Wait, is this growth a bit too fast? Could there be risks involved? --- RWA ecosystem is gearing up, bond tokenization might be the next hot trend

View OriginalReply0