# Bài viết Liên quan Treasuries

Trung tâm Tin tức HTX cung cấp những bài viết mới nhất và phân tích chuyên sâu về "Treasuries", bao gồm xu hướng thị trường, cập nhật dự án, phát triển công nghệ và chính sách quản lý trong ngành tiền kỹ thuật số.

Treasuries and yield funds – Is this the next phase of tokenization?

Tokenized finance is experiencing significant growth, with BNB Chain's tokenized asset market cap reaching a record $16.6 billion, more than doubling year-over-year. The broader tokenized funds market has expanded to $31.9 billion, driven primarily by yield-bearing products rather than simple stablecoins. While Tether and USDC remain the largest issuers, faster growth is occurring among smaller players like Ondo Finance, Maple Finance, and Centrifuge. The trend highlights a shift beyond cash proxies toward income-generating on-chain assets, signaling a new phase in asset tokenization.

ambcrypto04/10 05:05

Treasuries and yield funds – Is this the next phase of tokenization?

ambcrypto04/10 05:05

Solana RWA holders jump 440% YoY – Can it bridge gap to Ethereum’s XAUT?

Solana's RWA ecosystem is experiencing explosive growth, with a 440% year-over-year surge in holders, totaling 218,000. This positions Solana as a major hub for tokenized real-world assets, which now have a total on-chain market cap of $24 billion. While Tether Gold (XAUT) on Ethereum leads the RWA market at $3.3 billion, Solana is gaining momentum through its strong focus on tokenized U.S. Treasuries. These assets, which make up over 50% of the RWA market, could generate revenue to strengthen Solana's digital asset treasuries (DATs) and support long-term network growth. The IMF has warned that the rapid growth of on-chain RWAs could disrupt traditional finance. Solana's expansion in this sector suggests it could become a viable alternative to Ethereum for institutional capital seeking tokenized assets.

ambcrypto04/06 16:00

Solana RWA holders jump 440% YoY – Can it bridge gap to Ethereum’s XAUT?

ambcrypto04/06 16:00

S&P tokenizes U.S. Treasury Index as RWA market continues to expand

The cryptocurrency sector is expanding significantly, with real-world asset (RWA) tokenization as a key growth area. S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, marking the first major fixed-income benchmark available as a digital resource. This initiative, supported by Kaiko’s digital infrastructure, allows financial institutions to integrate benchmark data directly into blockchain systems but is not a direct investment product. Tokenized U.S. Treasuries have surged to $12.6 billion, dominating the RWA market, which totals $27.7 billion. Short-term tokenized bonds have also grown, reaching $620 million, reflecting increased institutional demand. This shift highlights the growing acceptance of RWAs, with the market poised to exceed $30 billion in the medium term.

ambcrypto04/01 10:06

S&P tokenizes U.S. Treasury Index as RWA market continues to expand

ambcrypto04/01 10:06

Franklin Templeton brings ETFs on-chain as Ethereum hosts over $13B in tokenized assets

Franklin Templeton is launching two ETFs that can be traded directly through crypto wallets 24/7, marking a shift in how traditional financial products are accessed. One fund tracks the S&P 500, while the other focuses on short-term U.S. Treasuries. Both will be issued on Ethereum, enabling peer-to-peer trading without relying on traditional brokers or market hours. The move aligns with the growing tokenized real-world asset market on Ethereum, which has reached approximately $13.6 billion in value, with U.S. Treasury products making up the majority at $11.8 billion. The firm is collaborating with Ondo Finance to support the tokenized distribution of the funds.

ambcrypto03/25 17:24

Franklin Templeton brings ETFs on-chain as Ethereum hosts over $13B in tokenized assets

ambcrypto03/25 17:24

Gate Research Institute: Will the Weakening US Dollar in 2026 Be Met by Stablecoin Demand?

The article "Gate Research Institute: Will Stablecoins Absorb Marginal Dollar Demand Amid a Weakening USD in 2026?" explores the structural decline of the US dollar and the growing role of stablecoins in absorbing dollar demand outside the traditional banking system. Key points include: - The USD is weakening due to declining purchasing power, fiscal dominance, and low real interest rates, yet global demand for dollars remains strong. - Traditional banks, constrained by regulation and risk management, are reducing dollar services, creating spillover demand that stablecoins are filling. - Stablecoins like USDT and USDC have expanded significantly, with total market cap exceeding $3.09 trillion by early 2026, and are increasingly used in transactions, DeFi, and cross-border payments. - Different stablecoins vary in collateral quality and transparency, leading to an implicit credit hierarchy where asset backing and issuer credibility determine stability and liquidity preference. - Stablecoins are becoming major buyers of short-term US Treasuries, exerting downward pressure on short-term yields and influencing dollar liquidity dynamics. - By 2026, stablecoins are expected to act as a "reservoir" and distribution layer for dollars, extending the currency’s reach without challenging its reserve status, while subtly reshaping short-term funding markets.

marsbit03/19 09:42

Gate Research Institute: Will the Weakening US Dollar in 2026 Be Met by Stablecoin Demand?

marsbit03/19 09:42

The Endgame of Stablecoins Is a Financial Empire

Tether, the company behind the dominant stablecoin USDT, is aggressively expanding its influence and business operations globally, particularly targeting the US market. With over $100 billion in profits last year and a vast portfolio of investments, Tether is positioning itself as a hybrid of Google and BlackRock in the crypto-financial world. It has moved its global headquarters to El Salvador and is now launching a US-compliant stablecoin, increasing lobbying efforts in Washington, and seeking a valuation of $500 billion. Despite past regulatory scrutiny and ongoing concerns about its use in illicit activities—including by Iran’s Revolutionary Guard—Tether claims to cooperate with global law enforcement and has frozen billions at the request of authorities. The company is also expanding into traditional sectors like commodities, AI, and media, while remaining one of the largest holders of US Treasury bills. Tether’s CEO Paolo Ardoino envisions the company playing a central role in both a potential dollar collapse scenario and a future where the dollar remains dominant. However, the firm still faces transparency challenges, including the lack of a full audit, though it aims to complete one by late 2026. With strong political connections and growing institutional backing, Tether is increasingly intertwined with both crypto and traditional finance.

marsbit03/16 07:58

The Endgame of Stablecoins Is a Financial Empire

marsbit03/16 07:58

February Marks First Drop For Bitcoin Treasuries: Sales Outnumber Purchases By 800 BTC

A recent report from Bitcointreasuries.net reveals a significant shift in February, as Bitcoin treasuries from public companies experienced their first net decrease, with sales outpacing purchases by approximately 800 BTC. While companies bought around 7,800 BTC (worth $522M), led predominantly by MicroStrategy (now Strategy) with 5,075 BTC, they collectively sold or reduced holdings by 8,600 BTC. This resulted in a net monthly reduction and a drop in the total dollar value of holdings from $102B to $78B, reflecting Bitcoin's price decline. Despite Strategy’s continued dominance—holding 717,722 BTC—and overall quarterly gains of 62,000 BTC, increased selling activity and new sale approvals suggest potential further reductions ahead. BTC traded at $71,090 at the time of writing.

bitcoinist03/14 14:31

February Marks First Drop For Bitcoin Treasuries: Sales Outnumber Purchases By 800 BTC

bitcoinist03/14 14:31

The Boundaries and Channels of Finance: The New Pricing Logic of Global Markets

The article "Financial Boundaries and Channels: The New Pricing Logic of Global Markets" explores the evolving relationship between traditional finance and decentralized finance (DeFi), focusing on the growing interest of asset management giants like BlackRock and Apollo in on-chain vaults and RWA (Real World Assets). It argues that while DeFi has adopted USDT/USDC as de facto standards due to their scale, this reliance on U.S. Treasury-backed stablecoins means DeFi is subject to external monetary policies without reciprocal influence. The piece highlights the absence of a native DeFi risk-free rate and examines past attempts, like algorithmic stablecoins, which failed to challenge this dominance. The author suggests that vaults and curators may become central to a new financial architecture, facilitating global capital flow and efficiency. However, these structures currently lack mechanisms for asset price inflation and face risks from code vulnerabilities and governance issues. The future may lie in broker-like channels that enhance capital fluidity beyond centralized exchanges, potentially leading to a more integrated and efficient global market system. Ultimately, the article concludes that while DeFi infrastructure matures, the real innovation opportunity resides in creating channels that enable seamless, scalable capital interaction, moving beyond traditional token economics.

比推03/11 06:44

The Boundaries and Channels of Finance: The New Pricing Logic of Global Markets

比推03/11 06:44

Tokenized RWAs grow 4x to $25B – Is $50B by 2030 next target?

Tokenized Real World Assets (RWAs) experienced explosive growth, surging 4x to reach $24.9 billion in value over the past year, driven by institutional demand. U.S. Treasuries and commodities led this expansion, accounting for 58% of the growth. Major players like BlackRock and Ondo Finance saw their tokenized assets hit $2.2 billion and $2 billion, respectively. Concurrently, the number of RWA holders across major blockchains reached a record high, exceeding 663,000, with Ethereum and Solana leading in holder counts. If the current growth trajectory continues, the total value of tokenized RWAs is projected to exceed $50 billion by 2030, with represented assets potentially surpassing $1 trillion.

ambcrypto03/09 03:03

Tokenized RWAs grow 4x to $25B – Is $50B by 2030 next target?

ambcrypto03/09 03:03

RWA Weekly Report｜Significant First Decline in Asset Users; US SEC Discusses 'Gradual' Regulatory Path for Tokenized Securities, Plans to Launch Innovative Exemption Mechanism (2.15-2.24)

RWA Bi-Weekly Report (Feb 15–24): Asset Holders See First Notable Decline; SEC Explores "Progressive" Regulatory Path for Tokenized Securities According to rwa.xyz, the total Distributed Asset Value (DAV) of RWA grew from $24.14B to $25.07B, a 3.85% increase. However, the number of asset holders fell significantly from 842.2k to 710.4k, a drop of 15.65%. U.S. Treasury tokenizations saw the largest growth, rising 7% to $10.6B. Stablecoin holders increased by 9.02M, indicating broader adoption despite stablecoin market cap remaining flat. Key regulatory developments include the U.S. SEC clarifying a 2% haircut rule for broker-dealers' payment stablecoin holdings. The SEC is also considering an "innovation exemption" to allow limited trading of tokenized securities on new platforms. Additionally, a clarification was issued that RWA assets based in Hong Kong fall outside mainland China’s strict regulatory scope. In project updates, Ondo Finance integrated tokenized stocks like SPYon and QQQon into DeFi lending markets via Chainlink oracles. MSX (MyStonks) updated its platform and adopted a one-sided trading fee model to improve user experience. OneChain announced a $67M Series A funding round to develop institutional-grade RWA infrastructure. Overall, the market shows continued growth in low-risk, liquid assets like Treasuries, with regulatory bodies moving toward structured yet adaptive frameworks for tokenized real-world assets.

Odaily星球日报02/24 03:50