OKG | ๆญ็ง้ฒ้|Mar 27, 2025 08:05
๐จ Crypto market is quietly becoming a new structural buyer of the U.S. Treasury Bills ๐บ๐ธ
โ
Tokenized U.S. Treasuries (RWA) market:
โฃ 5.16B across 32 products
โฃ Assuming 99% in T-bills โ ~5.16B in T-bills
โ
Stablecoins:
โฃ ~125B in T-bills held by USDT & USDC
โฃ Covers ~95.74% of all known stablecoin reserves backed by U.S. debt
โฃ Out of a ~220B total stablecoin market
๐ Combined: Crypto market already holds 130B in T-bills. Thatโs over 2% of all T-bills outstanding (6.2T total)
But how much more can the Crypto market absorb? ๐ง
1๏ธโฃ Stablecoin Expansion
โฃ Future stablecoin market: 500B
โฃ 70% backed by T-bills = 350B
Assumption: stable yield demand remains + USD-pegged demand grows
2๏ธโฃ RWA Protocol Growth
โฃ RWA treasuries grow from 5B โ 100Bโ200B
Assumption: tokenized money markets capture 2โ3% of TradFiโs 6T MMF market
3๏ธโฃ DAO / DeFi Treasury Allocation
โฃ Top DAOs & protocols shift 30% reserves to T-bills
โฃ Potential 10Bโ30B inflow
Assumption: conservative treasury diversification & on-chain treasury growth
๐ฎ Total potential Web3 absorption of T-bills in 2โ5 years:
โก๏ธ 300Bโ600B
โ 5โ10% 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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