
OKG | 歐科雲鏈|Mar 27, 2025 08:05
🚨 Crypto market is quietly becoming a new structural buyer of the U.S. Treasury Bills 🇺🇸
✅ Tokenized U.S. Treasuries (RWA) market:
‣ 5.16B across 32 products
‣ Assuming 99% in T-bills → ~5.16B in T-bills
✅ Stablecoins:
‣ ~125B in T-bills held by USDT & USDC
‣ Covers ~95.74% of all known stablecoin reserves backed by U.S. debt
‣ Out of a ~220B total stablecoin market
📊 Combined: Crypto market already holds 130B in T-bills. That’s over 2% of all T-bills outstanding (6.2T total)
But how much more can the Crypto market absorb? 🧠
1️⃣ Stablecoin Expansion
‣ Future stablecoin market: 500B
‣ 70% backed by T-bills = 350B
Assumption: stable yield demand remains + USD-pegged demand grows
2️⃣ RWA Protocol Growth
‣ RWA treasuries grow from 5B → 100B–200B
Assumption: tokenized money markets capture 2–3% of TradFi’s 6T MMF market
3️⃣ DAO / DeFi Treasury Allocation
‣ Top DAOs & protocols shift 30% reserves to T-bills
‣ Potential 10B–30B inflow
Assumption: conservative treasury diversification & on-chain treasury growth
🔮 Total potential Web3 absorption of T-bills in 2–5 years:
➡️ 300B–600B
≈ 5–10% of all outstanding T-bills
Crypto market is becoming part of the global fixed income system.
#RWA #DeFi #Stablecoins #TokenizedTreasuries #USDT #USDC #BUIDL #Web3Finance #institutionadoption #Crypto #TradeFi #ghbli #OpenAI #ChatGPT
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