The tokenized U.S. Treasury market has surpassed $2 billion, with BlackRock’s BUIDL fund ranking first
According to data from the RWA monitoring platform RWA.xyz, as of August 25, the tokenized US Treasury market size is $2 billion, currently at $2.02 billion. Among them, BlackRock's BUIDL fund has a size of $502 million, ranking first; followed by Franklin Templeton's FOBXX fund, with a size of $425 million. It is worth mentioning that Ondo Finance's total TVL (tokenized US Treasury market value) exceeds $540 million (including OUSG and USDY), ranking first among all protocols. In addition, the on-chain US Treasury token value on Ethereum is approximately $1.45 billion, ranking first among all networks, followed by Stellar (approximately $430 million).
