Tokenized US Treasury market cap surpasses $14B, a new high

The market capitalization of tokenized U.S. Treasurys has surpassed $14 billion, reaching an all-time high, Cryptopolitan reported, citing data from Token Terminal. The outlet noted that capital inflows are continuing as the scale of these tokens expands across various blockchains, with particularly strong inflows seen on BNB Chain and Solana. Among issuers, Franklin Templeton's on-chain money market fund (BENJI) has grown by more than 381% over the past month.