Data: Tokenized government bonds have reached $13.7 billion, and the market capitalization of stablecoins is expected to increase tenfold by the end of 2030.

CoinFeed reported on May 17th that, according to Token Terminal data, tokenized government bonds are increasingly becoming an infrastructure product for stablecoin issuers, currently valued at approximately $13.7 billion. USYC ($3 billion), BUIDL ($2.7 billion), and IBENJI ($1.5 billion) are the top three by market capitalization. The platform projects that by the end of 2030, the stablecoin market will grow approximately tenfold, adding about $2.7 trillion in on-chain USD supply.