TechFlow news, on March 27, according to research by OKG, the crypto market has emerged as a new buyer of U.S. Treasuries, currently holding approximately $130 billion in U.S. Treasury bills (T-bills), accounting for about 2% of the total outstanding T-bills issued by the U.S. Department of the Treasury (approximately $6.3 trillion).
Among this, stablecoins USDT and USDC collectively hold around $125 billion, while tokenized treasury products hold about $5.1 billion.
OKG forecasts that within the next 2–5 years, as stablecoin market capitalization expands to $500 billion, asset tokenization protocols develop further, and decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) treasuries restructure their holdings, the crypto market could absorb between $300 billion and $600 billion in U.S. T-bills, representing 5–10% of the market.
