Coinbase is planning to accelerate its tokenization of US Treasury bonds in the current high-yield environment. Tokenized US Treasuries can be traded 24/7 on a global scale and can be settled instantly, making them more attractive to investors than traditional US Treasury bonds. The tokenization of US Treasuries is also good for the US economy by making US Treasuries more accessible to a wider range of investors and lowering the cost of borrowing for the US government. Coinbase's plans to accelerate its tokenization of US Treasury bonds are a welcome sign, and they suggest that the company is committed to making this asset class more accessible and efficient.