According to ChainCatcher, data from Token Terminal shows that USYC, a tokenized U.S. Treasury product by Circle, increased its market capitalization by $2 billion over the past year—the highest among similar assets. iBENJI and USDY followed closely, with increases of $1.7 billion and $1.5 billion, respectively. BlackRock’s BUIDL grew by $552.5 million during the same period, ranking fifth.
Circle's USYC Leads Tokenized U.S. Treasury Growth with a $2 Billion Increase
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Summary
Circle's USYC leads the growth of tokenized U.S. Treasuries with a $2 billion increase in market value over one year, according to Token Terminal. iBENJI and USDY rose by $1.7 billion and $1.5 billion, respectively. BUIDL added $552.5 million. The rally occurs amid fluctuating Fear & Greed Index readings and ongoing inflation data releases.
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