The United States is always ahead of the world and is the weathervane of the world. Now that the U.S. Treasury bonds are tokenized, the world will follow suit. The future belongs to blockchain!
Analysis: It is expected that the scale of tokenized U.S. Treasury bonds will reach 3 billion U.S. dollars by the end of 2024
Strategy analyst Tom Wan wrote on X that the scale of tokenized U.S. Treasury bonds is expected to reach 3 billion U.S. dollars by the end of 2024. There is a trend in the industry that the DAOs of DeFi projects will disperse their funds to RWA, including stablecoins and tokenized U.S. Treasury bonds.
With the maturity of tokenized U.S. Treasury bonds, there are more than 15 products on the EVM chain, reaching an asset management scale of nearly $2 billion, and DAOs have begun to include income products such as BUIDL, USTB, USDY and USDM in their treasury.
In the long run, this trend will continue. Projects currently adopting this strategy include:
-Arbitrum allocates 35 million ARBs (US$27 million);
- MakerDAO allocates $1 billion.
As these two projects allocate funds to tokenized US Treasuries, the total market value of tokenized US Treasuries is expected to increase to more than $3 billion by the end of 2024.