Citing Chainalysis, PANews reported that tokenized U.S. Treasuries held by Italy, Portugal, and Singapore, by geographic location, account for 66.9%, while the United States accounts for 10.5%. It believes tokenization lowers barriers and provides overseas investors with another route to invest in U.S. Treasuries.
Golden Finance summarizes several crypto-industry developments involving US law enforcement, South Korean tax policy, tokenized repos, and Philippine exchange regulation.
BNY completed an overnight tri-party repo transaction collateralized by tokenized U.S. Treasuries with Castle Securities, with settlement reportedly shortened to minutes.BNY said it will continue expanding digital cash, tokenized deposits, and cross-time-zone settlement capabilities.
PANews reported that Ondo Finance stated that its USDY、OUSG and tokenized U.S. Treasuries ETF have a combined scale of 3000000000 USD. The article cited RWA.xyz data, stating that USDY is approximately 2328000000 USD, higher than BUIDL at approximately 2204000000 USD。
A PANews article says that Pendle has continued operating in DeFi the fixed-rate sector, while tokenized U.S. Treasuries are bringing real yield on-chain.