@alanadlevin

The biggest surprise of the past year: tokenized treasuries aren't bigger There are about $7.5B of tokenized t-bills right now. The category has experienced ~100% growth in the past 6 months But it's still small, especially compared to other assets. Total stablecoin supply exceeds $260B. Multiple individual stablecoins exceed the total amount of tokenized t-bills. Seems like at least some of those deposits should be tokenized onchain. Why don't we have more tokenized t-bills?

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