Tokenized US Treasuries Reach $13.53 Billion, Nearing $14 Billion Mark

Tokenized US Treasuries have gained significant traction in recent times, nearing a value of $14 billion. The sector has seen substantial growth, driven by the increasing popularity of stablecoins and tokenized assets. According to data from rwa.xyz, the market has reached $13.53 billion as of April 12, 2026.

The top three tokenized Treasury products are Circle's USYC, Blackrock's BUIDL, and Ondo's USDY, with a combined value of over $9.3 billion. These funds have attracted a significant number of investors, with USYC holding the largest share at $2.67 billion.

Ethereum remains the dominant blockchain network for tokenized Treasuries, with a total value of $7 billion. BNB Chain has also established a strong presence, with a total value of $3.2 billion. Other notable blockchain networks include Stellar and Solana.

As the market continues to grow, integration with decentralized finance (DeFi) protocols, regulatory clarity, and connections to global capital markets are expected to become increasingly important. This will enable tokenized Treasuries to reach a wider audience and provide greater accessibility to investors.