CoinMeta data: The tokenized U.S. Treasury assets on the Avalanche network have reached approximately $545 million after rapid growth. According to the latest data, this market has expanded by about four times in the past year, becoming another example of the migration of institutional financial products to public blockchain infrastructure. The growth of tokenized Treasury products indicates that real-world assets are becoming a competitive category across multiple networks such as Ethereum, Solana, and Avalanche. Although still small compared to the traditional Treasury market, tokenization does not need to immediately replace the traditional market to become economically significant; it simply requires more and more assets to begin settling on the chain.