Hamilton Launches Tokenized U.S. Treasury Bonds Based on Bitcoin’s Layer 2 Network
The cryptocurrency startup Hamilton has launched tokenized US Treasury bonds (HUST) on the Bitcoin layer 2 blockchain, with the first transaction completed on July 4th. HUST will be used on Bitcoin layer 2 solutions such as Stacks, Core, and BoB. Hamilton claims this is a first, combining the stability of the Bitcoin network with the reliability of the US dollar to provide returns superior to stablecoins. Hamilton CEO Kasstawi said this marks an important step towards financial independence, providing critical investment opportunities for emerging markets. The total locked value of tokenized real-world assets (RWAs) has reached $8 billion, benefiting from the scalability and functionality improvements of the Bitcoin layer 2 network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
