Governments around the world have begun to issue and manage public debt on the blockchain in 2026, leading to a more transparent and efficient bond market. By tokenizing government bonds, authorities can reduce the massive administrative costs and intermediaries involved in traditional debt issuance. This also opens up the bond market to a wider range of investors, allowing individuals to buy small fractions of a bond directly through a digital wallet without needing a broker. These digital bonds provide real-time insights into fund allocation and debt management, increasing public trust and accountability. Several major countries have already launched successful programs for tokenized green bonds to fund environmental projects. As this trend grows, it will likely reshape the global financial plumbing, making public finance faster, cheaper, and more inclusive for everyone.