Tokenized U.S. Treasury Bonds Surpass $1 Billion in Market Value, a Record High
The market value of tokenized U.S. Treasuries on Ether, Polygon, Avalanche, Stellar and other networks topped $1 billion, a record high, according to Dune data. Among them, Franklin Templeton's U.S. Government Monetary Fund (FOBXX) ) on Polygon, Stellar has the highest market capitalization at $360 million, or 33.6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SpaceComputer secures $10 million in funding, co-led by Maven11 and Lattice
Analysis: The UK's New Budget Exempts Cryptocurrencies from New Taxes, but Regulation Tightens
RedStone: The scale of RWA will reach $60 billion by 2026