
"Tokenized U.S. Treasuries have largely steered the RWA market for the same reason: U.S. government debt comes with minimal credit risk and offers a path to relatively safe yield."
"As of April 12, 2026, the sector has climbed to a lofty $13.53 billion, now just half a billion shy of cracking the $14 billion mark for the first time."
"The top spot today belongs to Circle's USYC, holding $2.67 billion in value, largely geared toward non-U.S. investors and based out of Bermuda."
As of April 12, 2026, tokenized U.S. Treasuries have reached $13.53 billion, nearing the $14 billion mark. This segment leads the real-world-asset market, which totals $29.22 billion. The growth is driven by stablecoins and the low credit risk associated with U.S. government debt. The ecosystem comprises 60,893 holders across 74 assets, with an average annual percentage yield of 3.34%. Circle's USYC is the largest tokenized Treasury product, followed by Blackrock's BUIDL, indicating strong institutional interest.
Read at news.bitcoin.com
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