Tokenized U.S. Treasury bonds have reached a market size of approximately $13.7 billion, according to data from Token Terminal. These tokenized assets are becoming essential infrastructure for stablecoin issuers. Leading the market are USYC with $3 billion, BUIDL with $2.7 billion, and IBENJI with $1.5 billion in market capitalization. Projections indicate that the stablecoin market could expand tenfold by 2030, potentially adding around $2.7 trillion in USD supply on-chain. This growth underscores the increasing integration of tokenized financial products within the broader cryptocurrency ecosystem.