[Data: Tokenized Treasury Bonds Reach $13.7 Billion, Stablecoin Market Cap Expected to Grow 10x by End of 2030] According to Token Terminal data, tokenized treasury bonds are increasingly becoming an infrastructure product for stablecoin issuers, with the current scale reaching approximately $13.7 billion. Among them, USYC ($3 billion), BUIDL ($2.7 billion), and IBENJI ($1.5 billion) rank as the top three by market cap. The platform predicts that by the end of 2030, the stablecoin market cap will grow by about 10x, adding approximately $2.7 trillion in on-chain USD supply.