Tokenized U.S. Treasuries Surpass $7B in TVL, Driven by Ondo Finance’s Rapid Growth

This marks a major inflection point for real-world assets (RWAs) on the blockchain.

According to Ondo Finance, a leading platform in this fast-growing space, this number is more than just a headline. It’s a signal that tokenized financial products are moving from niche to necessary. To put it in perspective, it took stablecoins like USDC and Tether five years to hit the $7 billion mark. Tokenized Treasuries have done it in less than three.

What’s Driving the Growth?

U.S. Treasuries are considered one of the safest financial assets in the world. By bringing them on-chain—turning them into tokens that live on a blockchain—investors can access these assets 24/7, across borders, without waiting on traditional banking rails.

Ondo Finance has emerged as a key player in this space. The firm offers OUSG, a token backed by short-term U.S. Treasury bills, giving investors exposure to high-quality government debt without leaving the crypto ecosystem. And it’s working: Ondo has already attracted over $1.25 billion in capital.

According to data from rwa.xyz, Ondo captures over 80% of all holders in the tokenized Treasury category. That suggests more than just momentum—it shows trust. Institutional players, family offices, and crypto-native investors are treating tokenized Treasuries as a real alternative to idle stablecoins or bank deposits.

More About Tokenization

Over 100,000 investors now hold real-world asset (RWA) tokens, a sign that this once-niche corner of crypto is going mainstream.

From individuals seeking yield to institutions diversifying on-chain, the growing holder base shows rising trust in blockchain-based access to traditional assets like U.S. Treasuries. And with platforms like Ondo Finance leading the charge, that number is only expected to climb.

Source: altcoinbuzz