The tokenized US Treasury market surpasses $4 billion, led by Ondo Finance
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Bitget2025/03/06 02:41
March 6 news, according to data from @RWA_xyz, the tokenized U.S. Treasury market has surpassed the $4 billion mark. This rapid growth is attributed to Ondo Finance's leadership in the market. In just two years, tokenized treasuries have achieved what stablecoins took four years to reach, demonstrating a strong market demand for secure, highly liquid, institutional-grade yields.
Ondo Finance is currently the largest platform in the tokenized U.S. Treasury sector by TVL (Total Value Locked), with its TVL growing by 57% in the past 30 days, exceeding $1 billion. Significant growth includes:
OUSG (its institutional product) increased by $165 million (+61%)
USDY (its DeFi composable product) increased by $201 million (+51%)
Additionally, Ondo leads in the number of tokenized U.S. Treasury holders, with 85% of over 15,000 holders owning Ondo's tokenized treasuries, and these products span across 8 blockchain platforms.
Recently, Ondo also launched three major initiatives—Ondo Nexus, Ondo Global Markets, and Ondo Chain, which will further accelerate its mission: to bring U.S. financial markets on-chain, opening global access, starting with the $90 trillion U.S. Treasury and U.S. stock markets.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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