The size of the tokenized U.S. Treasury market exceeded $1.90 billion, with the Franklin FOBXX fund exceeding $800 million
According to RWA monitoring platform RWA.xyz, as of August 15, the size of the tokenized U.S. Treasury market exceeded 1.90 billion dollars and is currently at 1.92 billion dollars; since July 9, 2024, it has increased by 110 million dollars, up 6.08% in about five weeks; and Franklin Templeton's FOBXX fund is 843 million dollars, surpassing the BlackRock BUIDL fund (517 million dollars).
In addition, the US Treasury token on the Ethereum chain has a market cap of about $1.40 billion, ranking first among the networks, followed by Stellar (about $430 million).