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Data: The tokenization of US Treasuries has surpassed 8.6 billion USD.
PANews, November 3 – According to Cointelegraph, as of late October, the total market capitalization of tokenized US Treasuries has reached $8.6 billion, a significant rise from $7.4 billion in mid-September. Among them, BlackRock's BUIDL leads the scale at approximately $2.85 billion; closely followed by Circle's USYC ($866 million) and Franklin Templeton's BENJI ($865 million). Fidelity's newly launched tokenized money market fund has also performed well, with a market capitalization increasing to $232 million.