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 decentralized finance world by launching tokenized US Treasury bonds on Bitcoin layer-2 blockchains. This groundbreaking move, known as Hamilton U.S. T-Bills (HUST), marks a significant milestone in the intersection of traditional finance and DeFi.

The first HUST transaction took place on July 4, symbolizing a new era in decentralized finance. By combining the stability of the Bitcoin network with the reliability of the US dollar, Hamilton is offering a unique advantage in the DeFi landscape.

Kasstawi, Hamilton’s CEO, sees this initiative as a historic step towards financial independence, opening up opportunities for investors to explore emerging markets like crypto. The company aims to bring stability, transparency, and liquidity to financial systems in emerging markets.

The tokenized bonds will be available on three Bitcoin layer-2 platforms: Stacks, Core, and Build on Bitcoin (BoB). This move reflects a growing trend of tokenizing real-world assets (RWAs) in the Web3 economy, allowing assets like real estate, securities, and T-Bills to be converted into digital tokens for trading and transfer within decentralized platforms.

Furthermore, the US Federal Reserve interest rates have made T-Bills competitive with stablecoin yields, offering similar returns 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 forecasts the RWA market could surge to $16 trillion by 2030.

The launch of tokenized US Treasury bonds on Bitcoin layer-2 blockchains represents a significant milestone in the evolution of the crypto space. As the DeFi ecosystem continues to evolve, we may see more innovations that bridge traditional financial instruments with the world of blockchain technology.