Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
The Fed is likely to cut rates later Wednesday, starting the so-called liquidity easing cycle.
tokenized Treasuries
Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz.
Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
The feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund’s BENJI token and make it more interconnected with the digital asset ecosystem.
Ondo Finance Brings Tokenized Treasuries to the Cosmos Ecosystem with Noble Integration
Introducing Ondo Finance’s offerings to Cosmos “will bring vastly improved utility and liquidity to appchains and their users, all while offering exposure to yielding instruments,” Ondo’s founder Nathan Allman said.
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi’s U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
Tokenized Treasuries’ Surging Demand Prompts Yield-Bearing Offering by Enigma Securities
U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.
Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto’s RWA Race Intensifies
Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.
OpenTrade Unveils Tokenized U.S. Treasuries Offering as Tokenization Race Gains Steam
The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.