Tokenized Treasuries Hit $15.2 Billion Across 18 Blockchains

The tokenized U.S. Treasury market has reached $15.2 billion in value, spread across 18 different blockchain networks. Ethereum leads with a 43.2% share, followed by BNB Chain at 31.5%, and Stellar at 7.5%. This growth is driven by the increasing demand for on-chain yield and the convergence of traditional finance with blockchain technology.

Tokenized Treasuries are digital representations of government debt that allow investors to hold a secure, stable asset while benefiting from faster settlement and programmability. The market expansion reflects both institutional and retail investor interest in yield-bearing assets within the crypto ecosystem.

The involvement of major financial players and the growing diversity of chains suggest that tokenized Treasuries are becoming a permanent part of the digital asset landscape. As the sector evolves, investors should pay attention to the underlying protocols and regulatory clarity of each platform.