According to ChainCatcher, according to data from RWA monitoring platform RWA.xyz, as of November 15, the tokenized U.S. Treasury market size was US$2.38 billion.

BlackRock's BUIDL fund ranks first with a size of US$541 million; Ondo Finance's USDY ranks second with a size of US$452 million; and Franklin Templeton's FOBXX fund ranks third with a size of US$410 million.

Ondo Finance has a total TVL of approximately $653.57 million, ranking first among all protocols. The market value of US Treasury tokens on the Ethereum chain is approximately $1.6 billion, and Stellar is approximately $393 million.