According to data from RWA monitoring platform RWA.xyz, as of September 21, the tokenized US Treasury market exceeded $2.2 billion and is currently $2.23 billion. Among them, BlackRock's BUIDL fund has a scale of $522 million, ranking first; followed by Franklin Templeton's FOBXX fund, which has a scale of $435 million.
Ondo Finance's total TVL (tokenized US Treasury market value) is approximately $628 million (including OUSG and USDY), ranking first among all protocols.
In addition, the market value of US Treasury tokens on the Ethereum chain is approximately $1.62 billion, ranking first among all networks, followed by Stellar (approximately $422 million).