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The tokenization of the U.S. Treasury market has exceeded 2 billion dollars, with BlackRock's BUIDL fund ranking first

The tokenization of the U.S. Treasury market has exceeded 2 billion dollars, with BlackRock's BUIDL fund ranking first

Bitget2024/08/26 06:42

According to data from the RWA monitoring platform RWA.xyz, as of August 25th, the tokenized US Treasury market size was $2 billion and is currently at $2.02 billion. Among them, BlackRock's BUIDL fund has a scale of $502 million, ranking first; followed by Franklin Templeton's FOBXX fund with a scale 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 Ethereum chain's US Treasury token market value is about $1.45 billion, ranking first among all networks, followed by Stellar (about $430 million).

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