[Data: Total Market Value of On-Chain U.S. Treasury Funds Reaches $16.2 Billion, Setting a Historic High, Up Approximately 77% Since the Beginning of the Year] Deep Tide TechFlow reports that on August 4, market research firm The Kobeissi Letter stated that on-chain investors are accelerating their allocation of tokenized U.S. Treasury bonds. Data shows that the total market value of on-chain U.S. Treasury funds has risen to a historic high of $16.2 billion, up approximately 77% since the beginning of the year. Kobeissi noted that the growth is primarily driven by investors seeking on-chain yield opportunities. An increasing number of users are using tokenized U.S. Treasury bonds as collateral to borrow stablecoins and deploy funds into DeFi strategies to earn additional returns. Some on-chain platforms support cyclical operations through lending mechanisms, where users repeatedly collateralize assets, borrow stablecoins, and redeploy funds, in some cases boosting annualized yields to over 10%.