Tokenized Treasuries on Ethereum Hit Record $8B Market Cap

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Tokenized U.S. Treasuries on Ethereum reached a record market cap near $8.0B, doubling over the past six months with a sharp rise into May 2026, signaling stronger RWA adoption and increased DeFi liquidity. ETH traded near $2,358.58 (-0.97% 24h), showing short-term price softness even as tokenized-asset activity and institutional settlement flows on Ethereum expand, impacting DEX/CEX and on-chain demand.
- Token Terminal said tokenized U.S. Treasuries on Ethereum reached a record market cap near $8 billion.
- The market has doubled over the past six months, according to Token Terminal’s chart.
- CoinGlass data showed ETH near $2,358.58, down 0.97% over 24 hours.
Tokenized U.S. Treasuries on Ethereum reached a new record near $8 billion in market capitalization, according to Token Terminal. The chart showed the sector doubling over the past six months, with a sharp rise into May 2026 after a period of slower growth.
Wu Blockchain also reported the milestone, citing Token Terminal data and naming key products behind the move. Meanwhile, ETH traded lower near $2,358.58 on Coinglass data, even as Ethereum’s real-world asset activity continued to expand.
Treasury Tokens Hit Record
Token Terminal said the market cap of tokenized U.S. Treasuries on Ethereum reached an…
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