美国国债代币化规模突破 10 亿美元

超过 10 亿美元的美国国债已在以太坊、Polygon、Solana 和其他区块链上进行代币化。这一里程碑是由贝莱德最近推出的美元机构数字流动性基金推动的。与稳定币收益率相比，代币化政府国债变得越来越有吸引力，特别是在高利率环境下。

Tokenization of US Treasuries Surges, Surpassing $1 Billion Milestone

美国国债代币化激增，突破 10 亿美元里程碑

On the heels of BlackRock's launch of the USD Institutional Digital Liquidity Fund (BUIDL), the tokenization of US Treasuries has surged, eclipsing the $1 billion mark across several major blockchains, including Ethereum, Polygon, and Solana.

贝莱德推出美元机构数字流动性基金 (BUIDL) 后，美国国债的代币化激增，包括以太坊、Polygon 和 Solana 在内的几个主要区块链的代币化规模突破了 10 亿美元大关。

This watershed moment underscores the growing embrace of blockchain technology for transforming real-world assets into digital tokens. BUIDL, BlackRock's Ethereum-based product, has emerged as a key driver of this trend, boasting a market capitalization of over $244.8 million.

这一分水岭时刻凸显了区块链技术越来越多地接受将现实世界资产转化为数字代币的趋势。贝莱德基于以太坊的产品 BUIDL 已成为这一趋势的关键驱动力，其市值超过 2.448 亿美元。

According to data from 21Shares' Dune Analytics dashboard, BUIDL now ranks second only to Franklin Templeton's Franklin OnChain US Government Money Fund (FOBXX), which has held $360.2 million in US Treasuries for the past 11 months. The dashboard further reveals the tokenization of $1.08 billion in US Treasuries across 17 products.

根据 21Shares 的 Dune Analytics 仪表板数据，BUIDL 目前排名第二，仅次于富兰克林邓普顿的富兰克林 OnChain 美国政府货币基金 (FOBXX)，该基金在过去 11 个月持有 3.602 亿美元的美国国债。该仪表板进一步揭示了 17 种产品中 10.8 亿美元美国国债的代币化情况。

Ondo Finance, a leading real-world asset tokenization firm, recently invested $95 million into BlackRock's BUIDL fund, facilitating instant settlements for its own US Treasury-backed token, OUSG. This strategic move gives Ondo a 38% stake in BUIDL.

Ondo Finance 是一家领先的现实世界资产代币化公司，最近向贝莱德的 BUIDL 基金投资了 9500 万美元，促进其自己的美国财政部支持的代币 OUSG 的即时结算。这一战略举措使 Ondo 获得了 BUIDL 38% 的股份。

BUIDL's value is meticulously pegged 1:1 to the United States dollar, distributing accrued dividends to investors on a monthly basis. As highlighted by 21.co's Dune dashboard, tokenized government treasuries are gaining traction compared to stablecoin yields, especially in the current high-interest rate environment.

BUIDL 的价值与美元按照 1:1 的比例精心挂钩，每月向投资者分配应计股息。正如 21.co 的 Dune 仪表板所强调的那样，与稳定币收益率相比，代币化政府国债正在获得越来越多的关注，尤其是在当前的高利率环境下。

The blockchain ecosystem is witnessing a surge in the tokenization of real-world assets, with US Treasuries serving as a gateway for investors seeking secure options to store cash and earn stable returns on-chain. This market has experienced remarkable growth over the past year, expanding from $100 million in early 2023 to its current scale.

区块链生态系统正在见证现实世界资产代币化的激增，美国国债成为投资者寻求安全选择来存储现金并在链上赚取稳定回报的门户。该市场在过去一年中经历了显着增长，从 2023 年初的 1 亿美元扩大到目前的规模。

Tokenization extends beyond US Treasuries to encompass assets such as stocks and real estate. BlackRock CEO Larry Fink envisions blockchain tokenization as a catalyst for enhancing capital market efficiency, projecting a potential $16 trillion market by 2030, as per estimates from Boston Consulting Group.

代币化不仅限于美国国债，还包括股票和房地产等资产。贝莱德首席执行官拉里·芬克 (Larry Fink) 预计区块链代币化将成为提高资本市场效率的催化剂，根据波士顿咨询集团的估计，预计到 2030 年，市场潜力将达到 16 万亿美元。

Ethereum has emerged as the leading blockchain for tokenizing real-world assets (RWA), accounting for $700 million of the total value tokenized on-chain. Franklin Templeton's FOBXX, tokenized on Stellar and Polygon, holds a market share of $358 million, followed by Polygon's $13 million.

以太坊已成为现实世界资产（RWA）代币化的领先区块链，占链上代币化总价值的 7 亿美元。富兰克林邓普顿的 FOBXX 在 Stellar 和 Polygon 上代币化，占有 3.58 亿美元的市场份额，其次是 Polygon 的 1300 万美元。

Prominent asset management firms like WisdomTree and blockchain-native companies such as Ondo Finance, Backed Finance, Matrixdock, Maple Finance, and Swarm are actively engaged in RWA tokenization.

WisdomTree 等知名资产管理公司以及 Ondo Finance、Backed Finance、Matrixdock、Maple Finance 和 Swarm 等区块链原生公司都在积极参与 RWA 代币化。

This surge in tokenization underscores the potential of blockchain technology to transform traditional financial markets, bridging the gap between real-world assets and the burgeoning digital asset ecosystem. As tokenized treasuries and other RWAs continue to gain traction, the prospects for a more efficient and inclusive financial landscape appear increasingly promising.

代币化的激增凸显了区块链技术改变传统金融市场、弥合现实世界资产与新兴数字资产生态系统之间差距的潜力。随着代币化国债和其他 RWA 继续受到关注，更高效、更包容的金融格局的前景似乎越来越光明。