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Solana leads growth in tokenized U.S. T-bills, surpassing Ethereum with $378M new issuance.

Protocol Fundamentals
16 Aug 2026
AMBCrypto
View Source
Bullish
Solana leads growth in tokenized U.S. T-bills, surpassing Ethereum with $378M new issuance.

Tokenized U.S. Treasury bills are expanding across multiple blockchain platforms, with Solana adding $378.2 million in new issuance over 30 days, outpacing Ethereum's $272.2 million. Other blockchains like BNB Chain and zkSync Era also saw growth, while off-chain holdings increased by $81.7 million. Major issuers like Superstate and Securitize are driving most of this supply, concentrating capital in established firms. Additionally, tokenized equities worth $111 million are actively deployed in DeFi, led by Solana, indicating growing on-chain use beyond issuance. This trend suggests a potential evolution toward a broader multichain market for tokenized assets.

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