Italy, Portugal and Singapore Lead Purchases of Tokenized US Treasuries
- —Tokenized US Treasuries grew from $6.86 billion to $15.42 billion over 12 months
- —Italy accounts for 29.9% of geolocated value, Portugal 18.8%, Singapore 18.2%, US 10.5%
- —Japan has 16.4% of holders but just 0.4% of value, showing concentration among large investors
- —Dollar stablecoins make up 99.1% of order book volume versus 0.45% for euro-denominated tokens
Why it matters: Tokenized Treasuries widen retail access to US debt and channel foreign demand into US government borrowing.
Source: DiarioBitcoin