According to ChainCatcher, the tokenized U.S. Treasury market is growing quietly! As of November 15, the market size has reached nearly $2.4 billion, specifically $2.38 billion. 🏦

In this emerging market, BlackRock's BUIDL fund took the lead with a size of $541 million. It was followed by Ondo Finance's yield-based Treasury stablecoin USDY, which was $452 million. Franklin Templeton's FOBXX fund ranked third with $410 million. 📈

It is worth mentioning that Ondo Finance's total TVL is approximately $653.57 million, ranking first among all protocols. In addition, the market value of U.S. Treasury tokens on the Ethereum chain is approximately $1.6 billion, ahead of other networks. 🌐