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The Biggest Buyers of On-Chain US Debt Aren’t Where You’d Expect

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The Biggest Buyers of On-Chain US Debt Aren’t Where You’d Expect

Holders in Italy, Portugal, and Singapore each own a larger share of geolocated tokenized US Treasury value than US holders, according to Chainalysis. The US ranks fourth at 10.5%. Its 2026 North America report argues that foreign stablecoin and tokenized Treasury buyers add demand for US debt. A Retail Route Into a Wholesale Market Tokenized The post The Biggest Buyers of On-Chain US Debt Aren’t Where You’d Expect appeared first on BeInCrypto.

Key Takeaways

  1. Holders in Italy, Portugal, and Singapore each own a larger share of geolocated tokenized US Treasury value than US holders, according to Chainalysis.
  2. The US ranks fourth at 10.5%.
  3. Its 2026 North America report argues that foreign stablecoin and tokenized Treasury buyers add demand for US debt.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.