BlackRock's tokenized US Dollar Institutional Digital Liquidity Fund (BUIDL) has paid $7 million in dividends to investors since its launch in March 2024. According to asset tokenization firm Securitize, BUIDL paid dividends of $265,400 in March, $1.21 million in April, $1.67 million in May, $1.82 million in June and $2.12 million in July.

In April 2024, Franklin Templeton’s Franklin OnChain surpassed the U.S. Government Monetary Fund (BENJI) to become the largest tokenized sovereign debt investment fund in the world. In July 2024, $500 million was invested in the fund, and BUIDL maintained its dominance as the largest tokenized US Treasury investment fund after this milestone.

Tokenization of real-world assets continues to be one of the most prominent sectors of the crypto industry this year. Goldman Sachs announced plans to introduce three new tokenized products in 2024. It is stated that these products will focus on the US and European debt markets.

The total national debt of the United States exceeded $35 trillion in July. BitFinex analysts note that this debt crisis could be a catalyst for a return to a sound monetary standard. As the US dollar continues to lose value, investors are turning to neutral, supply-limited assets like Bitcoin (BTC).

Do you think tokenized debt instruments can save the US dollar? We are waiting your comments.