Wu Blockchain reports that Token Terminal stated Wall Street institutions are targeting stablecoin issuers through tokenized money market funds (TMMFs). BlackRock, JPM, and others hope stablecoin issuers will replace part of their off-chain U.S. Treasury reserves with on-chain TMMFs. Data shows the tokenized U.S. Treasury market is valued at approximately $13.9 billion, with Ethereum accounting for 53.1% and BNB Chain accounting for 22.3%. Token Terminal believes that since Ethereum hosts the largest scale of both stablecoins and tokenized Treasury assets, its leading position in the TMMFs market may further expand. https://(wublock123.com)/news/ethereum-stablecoins-tokenized-treasuries-expand-tmmf-leadership-61668