**Crypto Adoption Spurs Demand for Tokenized US Treasurys**

The global surge in crypto adoption, up 34% since 2023, is driving interest in stable, low-risk digital assets. Tokenized US Treasurys, which offer access to government bonds within the crypto ecosystem, have seen their market cap soar by over 150% this year.

Cointelegraph's analysis predicts the market cap of tokenized US Treasurys could hit $2.66 billion by the end of 2024, based on various statistical models. DAOs like Arbitrum and MakerDAO are eyeing investments in these assets, potentially leading to significant capital inflows.

However, the Federal Reserve's expected interest rate cuts could dampen the appeal of US Treasurys, posing a challenge for investors seeking yield-bearing options.