Tokenized U.S. Treasury Market Cap Reaches $15.2 Billion, Ethereum and BNB Chain Account for Nearly Three-Quarters

According to Token Terminal data, the market cap of tokenized U.S. Treasury bonds has reached $15.2 billion, spanning 18 chains. Ethereum accounts for 43.2%, BNB Chain accounts for 31.5%, and Stellar accounts for 7.5%. Nearly three-quarters of tokenized U.S. Treasury issuances are on Ethereum and BNB Chain.