ChainCatcher news, analysts Peter Chung and Min Jung from the trading and financial services company Presto stated during an interview with CNBC on Tuesday that the U.S. election could trigger a bond market collapse. Among risk assets, they are optimistic about Bitcoin, gold, commodities, and Nasdaq stocks.In their report, Presto analysts noted that over the past 25 years, the ratio of U.S. debt to GDP has risen from 40% to 100%, and it could reach between 124% and 200% in the next 10 to 30 years. The U.S. election may trigger a "Minsky moment," where the bond market realizes the issues and demands higher compensation for deficit financing. The commitments of Republican candidate Donald Trump and Democratic candidate Kamala Harris have intensified the risk of a bond market collapse. Solving the problem through inflation is the only solution. The 2024 Bitcoin bill currently awaiting congressional approval may help stabilize U.S. debt and even stabilize the global financial system.

ChainCatcher news, Felipe Villarroel, portfolio management partner at TwentyFour Asset Management, stated that in recent weeks, investor expectations have become more aligned with those of the Federal Reserve.He mentioned in a statement, "The U.S. Treasury market is currently pricing in two rate cuts of 25 basis points in November and December, which is consistent with the median of the dot plot." He indicated that the Federal Reserve's baseline scenario is an economic soft landing (a decrease in inflation without harming the economy and labor market) with growth close to the potential growth rate of 2%, which requires setting the neutral interest rate around 3%.

ChainCatcher message, according to the latest data from the RWA monitoring platform RWA.xyz, as of September 21, 2024, the total value of the tokenized U.S. Treasury market reached $2.23 billion, an increase of 0.24% compared to 7 days ago. The average yield to maturity is 4.93%, with a weighted average duration of 0.106 years.BlackRock's BUIDL fund ranks first with a size of $522 million, followed closely by Franklin Templeton's FOBXX fund, which has a size of $435 million. Ondo Finance's OUSG and USDY products have a total value of approximately $628 million, ranking first among all protocols.In terms of blockchain network distribution, the market value of U.S. Treasury tokens on the Ethereum chain is approximately $1.62 billion, dominating the market, while the Stellar network ranks second with a market value of about $422 million.

ChainCatcher message, based on data from the RWA monitoring platform RWA.xyz, as of August 25, the market size of tokenized U.S. Treasury bonds is $2 billion, currently at $2.02 billion. Among them, BlackRock's BUIDL fund has a size of $502 million, ranking first; followed by Franklin Templeton's FOBXX fund, which has a size of $425 million.It is worth mentioning that Ondo Finance's total TVL (market value of tokenized U.S. Treasury bonds) exceeds $540 million (including OUSG and USDY), ranking first among all protocols.In addition, the market value of U.S. Treasury bond tokens on the Ethereum chain is approximately $1.45 billion, ranking first among all networks, followed by Stellar (approximately $430 million).

ChainCatcher news, 21.co strategy analyst Tom Wan posted on X that by the end of 2024, the tokenization of U.S. Treasury bonds is expected to reach $3 billion. There is a trend in the industry where DeFi projects' DAOs are diversifying their funds into RWA, including stablecoins and tokenized U.S. Treasury bonds.With the maturity of tokenized U.S. Treasury bonds, there are already over 15 products on EVM chains, reaching nearly $2 billion in assets under management, and DAOs are beginning to incorporate yield products such as BUIDL, USTB, USDY, and USDM into their treasury.