Data: The tokenized U.S. Treasury market size is close to 2.4 billion dollars, and the scale of Ondo's stablecoin USDY is second only to BlackRock's BUIDL
ChainCatcher reports that according to data from the RWA monitoring platform, RWA.xyz, as of November 15th, the tokenized US Treasury market is nearing $2.4 billion and currently stands at $2.38 billion.
BlackRock's BUIDL fund ranks first with a size of $541 million; Ondo Finance's yield-bearing treasury stablecoin USDY comes in second with a size of $452 million; Franklin Templeton's FOBXX fund ranks third with a size of $410 million.
Ondo Finance has a total TVL (tokenized US Treasury market cap) of approximately $653.57 million (including OUSG and USDY), ranking first among all protocols. In addition, the Ethereum chain’s US Treasury token market cap is about $1.6 billion, ranking first among all networks followed by Stellar (approximately $393 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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