ME News reports that on October 14 (UTC+8), Ondo Finance posted on X that its tokenized U.S. Treasury assets have reached $3 billion, encompassing USDY, OUSG, and tokenized U.S. Treasury ETFs, ranking first on the RWA.xyz tokenized Treasuries platform. Of this, USDY’s size exceeds $2.3 billion, surpassing BlackRock’s BUIDL. Data from RWA.xyz shows that USDY currently stands at approximately $2.328 billion, BUIDL at $2.204 billion, and OUSG at $319 million; the total size of tokenized U.S. Treasuries is approximately $14.91 billion, with Circle’s USYC leading as the single product at around $2.384 billion. (Source: ChainCatcher)
Ondo Finance's Tokenized U.S. Treasury Reaches $3 Billion; USDY Surpasses BUIDL
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Summary
Ondo Finance's tokenized U.S. Treasury assets reached $3 billion, including USDY, OUSG, and tokenized ETFs, leading RWA news on RWA.xyz. USDY’s total value now exceeds $23.28 billion, surpassing BUIDL’s $22.04 billion. On-chain data shows Circle’s USYC leads with $23.84 billion in tokenized U.S. Treasury assets.
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