TechFlow news, September 23 — According to the latest data from RWA monitoring platform RWA.xyz, as of September 21, 2024, the total market value of tokenized U.S. Treasuries reached $2.23 billion, up 0.24% compared to seven days prior. The average yield to maturity stands at 4.93%, with a weighted average duration of 0.106 years.
BlackRock's BUIDL fund ranks first with assets under management of $522 million, followed by Franklin Templeton's FOBXX fund at $435 million. Ondo Finance’s OUSG and USDY products combined hold approximately $628 million in total value, ranking first among all protocols.
In terms of blockchain distribution, the Ethereum network leads with a market cap of around $1.62 billion in tokenized U.S. Treasuries, maintaining a dominant position. Stellar ranks second with a market cap of approximately $422 million.
