Tokenized U.S. Treasury Market Value Reaches $2.23 Billion

As of September 21, 2024, the total value of the tokenized U.S. Treasury market has reached $2.23 billion, reflecting a 0.24% increase over the past week, according to data from the RWA monitoring platform, RWA.xyz. The average yield to maturity for tokenized U.S. Treasuries stands at 4.93%, with a weighted average duration of 0.106 years.BlackRock's BUIDL fund leads with $522 million in assets, followed by Franklin Templeton's FOBXX fund, holding $435 million. Ondo Finance's OUSG and USDY products also play a significant role in the market, with a combined value of approximately $628 million.On the Ethereum network, tokenized U.S. Treasuries dominate with a market value of around $1.62 billion. The Stellar network ranks second, holding a market cap of approximately $422 million.