{"id":17670,"date":"2025-03-13T18:46:46","date_gmt":"2025-03-13T18:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17670"},"modified":"2025-03-13T18:46:46","modified_gmt":"2025-03-13T18:46:46","slug":"tokenized-treasuries-hit-record-4-2b-market-cap-as-crypto-correction-fuels-growth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17670","title":{"rendered":"Tokenized Treasuries Hit Record $4.2B Market Cap as Crypto Correction Fuels Growth"},"content":{"rendered":"
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As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products.<\/p>\n<\/p>\n

Since late January, the combined market capitalization of Treasury-backed tokens grew $800 million to hit a fresh all-time record of $4.2 billion on Wednesday, data source rwa.xyz<\/a> shows.<\/p>\n<\/p>\n

Real-world asset platform Ondo Finance’s (ONDO) products, the short-term bond-backed OUSG and USDY tokens, climbed to just shy of $1 billion combined, a 53% surge in market value over the past month. BUIDL, the token issued jointly by asset manager BlackRock and tokenization firm Securitize, gained 25% during the same period to surpass $800 million. Asset manager Franklin Templeton’s BENJI token expanded to $687 million, a 16% increase, while Superstate’s USTB hit $363 million, up more than 63%.<\/p>\n<\/p>\n

A notable outlier was Hashnote’s USYC, shedding over 20% of its market cap to $900 million, predominantly due to DeFi protocol Usual’s decline after investor backlash<\/a>. The token is the main backing asset of Usual’s USD0 stablecoin, which plummeted below $1 billion supply from its January peak of $1.8 billion.<\/p>\n<\/p>\n

“We believe the growth of the tokenized treasury market cap during the recent crypto downturn reflects a flight to quality, similar to how traditional investors shift from equities to U.S. Treasuries during economic uncertainty,” Brian Choe, head of research at rwa.xyz, told CoinDesk.<\/p>\n

Choe based his analysis on comparing the market cap growth of tokenized treasuries with stablecoins between November and January, when crypto markets rallied, and from February when prices corrected.<\/p>\n

During the recent bearish period, tokenized treasuries grew faster than stablecoins, contrary to the bullish phase, when stablecoin growth outpaced the treasury token market.<\/p>\n

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“This signals some investors aren’t exiting the ecosystem but rather rotating capital into safer, yield-bearing assets until market conditions improve,” Choe said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As cryptocurrencies have been battered in a broad-market correction over the past weeks, digital asset investors sought refuge in tokenized U.S. Treasury products. Since late January, the combined market capitalization of Treasury-backed tokens grew $800 million to hit a fresh all-time record of $4.2 billion on Wednesday, data source rwa.xyz shows. Real-world asset platform Ondo […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17670","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17670"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17670\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}