Hamilton launches tokenized U.S. Treasury bonds based on Bitcoin's second layer network

The encryption startup Hamilton has launched a tokenized U.S. Treasury bond (HUST) on the second layer of the Bitcoin blockchain, with the first transaction completed on July 4th. HUST will be used on Bitcoin's second-layer solutions such as Stacks, Core, and BoB. Hamilton claims this is an innovation that combines the stability of the Bitcoin network and the reliability of the dollar to provide returns superior to stablecoins. Hamilton CEO Kasstawi stated that this move marks an important step towards financial independence, providing key investment opportunities for emerging markets. The total locked-in value of tokenized real-world assets (RWAs) has reached $8 billion, benefiting from scalability and functional enhancements of Bitcoin's second-layer network.