BVI Entities Account for $1.5 Billion of Tokenized U.S. Treasury Market

BVI Finance’s Destination Digital report found that British Virgin Islands entities accounted for approximately $1.5 billion of the $14.98 billion global tokenized U.S. Treasury market as of June 1. According to NS3.AI, the British Virgin Islands ranked behind only the United States in the asset class. The report also said about $1.2 billion in stablecoin market cap was held in BVI-linked addresses.