Tokenised US Treasuries have climbed to $13.53 billion as of April 12, extending their lead as the largest segment of the real-world asset market, which now totals $29.22 billion.
The sector grew 0.63% over the past week, with data showing nearly 61,000 holders across 74 assets and average yields of 3.34%, highlighting steady adoption and demand for onchain yield products.
The leading products include Circle’s USYC at $2.67 billion and BlackRock’s BUIDL at $2.42 billion, alongside Ondo’s USDY at $1.88 billion, reflecting strong institutional participation.
Additional major funds include the Janus Henderson Anemoy Treasury Fund and Franklin Templeton’s BENJI, bringing the top five to a combined $9.31 billion, or 68.8% of the market.
Ethereum remains the dominant blockchain with $7 billion in tokenised Treasury value, followed by BNB Chain at $3.2 billion, while networks such as Stellar and Solana continue to gain traction.
The growth of tokenised Treasuries has been driven by demand for low-risk yield, with blockchain infrastructure enabling faster, automated returns compared to traditional finance.
As the market approaches the $14 billion mark, future growth is expected to depend on deeper DeFi integration, regulatory clarity, and stronger links between blockchain and traditional capital markets.
At the time of reporting, Ethereum price was $2,185.24.