ChainCatcher's latest data shows that as of November 15, the tokenized U.S. Treasury market has reached nearly $2.4 billion, reaching $2.38 billion. BlackRock's BUIDL fund topped the list with a size of $541 million, followed by Ondo Finance's yield-based Treasury stablecoin USDY with a size of $452 million, and Franklin Templeton's FOBXX fund ranked third with $410 million.

It is worth noting that Ondo Finance's total TVL (tokenized U.S. Treasury market value) is approximately $653.57 million, ahead of other protocols. In addition, the market value of U.S. Treasury tokens on the Ethereum chain is approximately $1.6 billion, ranking first among all networks, followed by the Stellar network with a market value of approximately $393 million.