Tokenization of the US Treasury market has surpassed $1.9 billion, with a rise of 30% over the past three months.

According to BlockBeats news on August 17, data from RWA.xyz shows that the tokenization of the U.S. Treasury market has surpassed $1.9 billion, currently at $1.92 billion, with a 30% rise over the past three months. Franklin Templeton’s FOBXX fund has reached $843 million, while BlackRock’s BUIDL fund stands at $517 million. By blockchain network, the market capitalization of U.S. Treasury tokens on the Ethereum chain is approximately $1.4 billion, ranking first, followed by Stellar network with a market capitalization of $430 million in second place, and Solana network with $47.96 million in third.