Tokenized U.S. Treasuries on Ethereum have reached a record market cap of approximately $8 billion, marking an all-time high, according to Token Terminal data.
This growth comes after the sector nearly doubled in value over the past six months, highlighting accelerating institutional interest in tokenization and the integration of traditional assets with blockchain technology.
Tokenized Treasuries are emerging as a key DeFi use case, offering investors digital access to government-backed yields with greater flexibility while maintaining exposure to low-risk underlying assets.