According to RWA.xyz data, the value of tokenized US Treasuries has surged to $4.07 billion, expanding by $1.57 billion in the past 103 days. Hashnote Short-Term Yield Coin (USYC) has the largest market cap, surging by $461.20 million between November 26 and today, from $495.07 million to $956.27 million.