Data: The tokenized U.S. Treasury market size is close to $2.4 billion, and Ondo's stablecoin USDY is second only to BlackRock's BUIDL

ChainCatcher message, according to the data from the RWA monitoring platform RWA.xyz, as of November 15, the market size of tokenized U.S. Treasury bonds is close to $2.4 billion, currently at $2.38 billion.

Among them, BlackRock's BUIDL fund has a size of $541 million, ranking first; Ondo Finance's yield-bearing Treasury stablecoin USDY ranks second, with a size of $452 million; Franklin Templeton's FOBXX fund ranks third, with a size of $410 million.

Ondo Finance's total TVL (market value of tokenized U.S. Treasury bonds) is approximately $653.57 million (including OUSG and USDY), ranking first among all protocols. In addition, the market value of U.S. Treasury bond tokens on the Ethereum chain is approximately $1.6 billion, ranking first among all networks, followed by Stellar (approximately $393 million).