Polygon Matches Ethereum in US Treasury Bill TVL, Leads in Euro Bonds

Polygon has rapidly emerged as the institutional-grade blockchain of choice for tokenized securities. Matching Ethereum with 29% of all US Treasury Bills (T-Bills) and leading in euro-denominated bonds, Polygon now powers more financial activity than all other chains combined.

Investors gain an institutional-grade platform similar to Ethereum but without the high transaction costs. The chain’s strength in both euro & dollar markets highlights its role as the backbone of tokenized finance.

• Polygon’s US Treasury Bill Milestone
• Dominance in Euro-Denominated Assets
• Global Leadership in Tokenized Bonds
• Ecosystem Growth & Resilience

Polygon’s US Treasury Bill Milestone

Polygon now holds 29% of all tokenized US Treasury Bills, matching Ethereum and surpassing every other blockchain combined. This parity underscores Polygon’s rise as a trusted settlement layer for institutional investors seeking efficiency without Ethereum’s high gas fees.

Dominance in Euro-Denominated Assets

The story is even stronger in Europe. Polygon powers 68% of all euro-denominated bond interest payouts, more than every other chain combined. Today, 38% of Euro Treasury Bills are issued on Polygon.

Investor adoption has accelerated sharply, i.e., total euro-denominated Treasury Bill holders grew 8X since last year, with about half choosing Polygon as their chain of record.

Global Leadership in Tokenized Bonds

Polygon’s reach isn’t limited to Europe. The purple chain now underpins 62% of all tokenized bonds globally. This leadership reflects its balance of security, scalability, & affordability which attributes that mirror Ethereum’s institutional trust but with lower barriers to entry.

By providing this combination, Polygon has become the default choice for issuers across jurisdictions, fueling growth in tokenized securities at unprecedented scale.

Ecosystem Growth & Resilience

Polygon’s bond market dominance is reinforced by major ecosystem milestones:

1. Scaling Infrastructure: Polygon outlined its roadmap to 5,000 TPS & beyond, driven by PoS & AggLayer upgrades.
2. Market Data Integration: With 21x Chainlink data feeds going live on Polygon, real-time verifiable market data is now fueling both DeFi protocols & institutional finance.
3. Resiliency & Governance: Following a recent incident, Polygon PoS coordinated a hard fork resolution to patch a milestone bugs which strengthens the confidence in its operational maturity.

Polygon has cemented itself as more than just Ethereum’s scaling companion. With 29% of US T-Bills, 38% of Euro T-Bills, & 62% of all tokenized bonds globally, it is the clear leader in tokenized securities.

If you find any issues in this blog or notice any missing information, please feel free to reach out at yash@etherworld.co for clarifications or updates.

Related Articles

1. Polygon PoS Hard Fork
2. Polygon's L2 Solution
3. How to Use Polygon testnet?
4. Polygon announces to launch zKEVM mainnet beta
5. How Polygon is helping Blockchain Movement in India?