OKG | 歐科雲鏈
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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