Hamilton Launches Tokenized US Treasury Bonds on Bitcoin Layer-2 Blockchains: A First in the Crypto World
Hamilton, a crypto startup, has made waves in the crypto world by launching tokenized US Treasury bonds on Bitcoin layer-2 blockchains. This groundbreaking move, marked by the introduction of Hamilton U.S. T-Bills (HUST), is a first in the industry and signals a new era in decentralized finance.
The availability of HUST on Core, Stacks, and Build on Bitcoin (BoB) Bitcoin layer-2 solutions opens up a world of possibilities for investors looking to bridge traditional finance with DeFi. By combining the stability of the Bitcoin network with the reliability of the US dollar, Hamilton’s initiative offers a unique advantage in the rapidly evolving DeFi landscape.
Kasstawi, Hamilton’s CEO, sees this move as a historic step towards financial independence, providing investors with exposure to emerging markets like crypto. The company’s goal is to bring stability, transparency, and liquidity to financial systems in emerging markets, ultimately empowering individuals to take control of their financial futures.
The trend of tokenizing real-world assets (RWAs) in the Web3 economy is gaining momentum, with assets like real estate, securities, and now T-Bills being converted into digital tokens for trading and transfer within decentralized platforms. This innovation not only brings traditional assets into the digital space but also makes them more flexible and accessible to a wider range of investors.
With the US Federal Reserve interest rates making T-Bills competitive with stablecoin yields, investors now have the opportunity to trade or leverage T-Bills on blockchain platforms with lower risk. The total value locked in RWAs is currently at $3.81 billion, with a predicted market value of over $29 billion. Hamilton anticipates the RWA market could surge to $16 trillion by 2030, highlighting the immense potential for growth in this sector.
The launch of tokenized US Treasury bonds on Bitcoin layer-2s by Hamilton represents a significant milestone in the evolution of the crypto ecosystem. As the DeFi landscape continues to evolve, we can expect to see more innovations that bridge the gap between traditional finance and the world of crypto.
