Tokenized Treasury TVL Surpasses Mid-April Peak Amid Fed Rate-Hike Expectations
Tokenized Treasury total value locked (TVL) has reached $15.35 billion, surpassing the mid-April peak. According to NS3.AI, this increase is attributed to stronger expectations of Federal Reserve rate hikes. As a result, some investors are opting for yield-bearing tokenized Treasury bills over spot cryptocurrencies. Meanwhile, Bitcoin remains stable above $80,000, reflecting the ongoing investor interest in digital assets despite the shifting capital preferences.
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