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fixed-incomehigh search volume

Tokenized US Treasuries

Tokenized exposure to US Treasury securities, providing on-chain access to the safest government-backed yields.

Market Size

$2B+

Typical Yield

4-5.5%

Growth Rate

500% YoY

Key Issuers

6

## What are Tokenized US Treasuries?

Tokenized US Treasuries are blockchain-based representations of United States government debt securities. These tokens provide investors with exposure to Treasury yields while maintaining the composability and 24/7 accessibility of DeFi.

Market Size & Growth

The tokenized Treasury market has experienced explosive growth:

  • **$2B+** in total tokenized Treasury value (2026)
  • **500%** year-over-year growth
  • Leading category in the RWA tokenization space
  • How It Works

  • **Issuance**: A regulated issuer purchases US Treasuries
  • **Tokenization**: Tokens are minted representing claims on the underlying securities
  • **Yield Distribution**: Interest is distributed to token holders (rebasing or accruing)
  • **Redemption**: Tokens can be redeemed for underlying value
  • Key Benefits

  • **Yield Access**: 4-5% risk-free rates on-chain
  • **24/7 Trading**: No market hours restrictions
  • **DeFi Composability**: Use as collateral, in AMMs, or lending protocols
  • **Instant Settlement**: T+0 instead of T+1 traditional settlement
  • Regulatory Considerations

  • Most products are offered under Reg D/Reg S exemptions
  • Non-US persons typically have broader access
  • KYC/AML requirements vary by issuer
  • Some products are SEC-registered funds
  • Integration Requirements

    Integrating tokenized Treasuries typically requires:

  • KYB verification for your platform
  • Compliance workflow implementation
  • Smart contract integration
  • API connectivity for mint/redeem operations
  • How to Offer via Fensory Connect

    Fensory Connect provides unified API access to multiple Treasury issuers:

  • Single integration for Ondo, Hashnote, OpenEden, and more
  • Streamlined compliance across issuers
  • Real-time yield comparison and optimization
  • Cross-chain deployment options
  • Key Issuers

    IssuerProductYield
    Ondo FinanceUSDY, OUSG4.5-5%
    HashnoteUSYC4.5-5%
    OpenEdenTBILL4.5-5%
    MatrixdockSTBT4.5-5%
    Franklin TempletonBENJI4.5-5%
    SuperstateUSTB4.5-5%

    Frequently Asked Questions

    What are tokenized Treasuries?

    Tokenized Treasuries are blockchain-based tokens representing ownership of US Treasury securities, providing on-chain access to government-backed yields.

    Are tokenized Treasuries safe?

    Tokenized Treasuries carry the credit risk of US government debt (very low), plus smart contract and issuer operational risks that vary by provider.

    What yields can I expect?

    Current yields on tokenized Treasuries range from 4-5.5%, tracking short-term US Treasury rates.

    Use Cases

    • Treasury management for DAOs
    • Yield generation for stablecoins
    • Collateral for DeFi protocols
    • Cash management for institutions

    Integration Requirements

    • KYB verification for platform
    • Compliance workflow implementation
    • Smart contract integration
    • API connectivity for operations

    Regulatory Notes

    • Reg D/Reg S exempt offerings typical
    • Non-US persons have broader access
    • KYC/AML required by all issuers
    • Some products are SEC-registered (Franklin Templeton, Superstate)

    Access via Fensory Connect

    Integrate tokenized us treasuries through a single API.

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