Ondo stated that its tokenized U.S. Treasury scale has reached 3000000000 USD，USDY scale surpasses BlackRock BUIDL
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AT A GLANCE
PANews stated that Ondo's tokenized U.S. Treasury scale has reached 3000000000 USD，USDY scale surpasses BUIDL。
Article
Ondo tokenized U.S. Treasury scale surpasses 3000000000 USD，USDY Scale surpasses BlackRock BUIDL
PANews October 14 News,Ondo Finance stated in a post on X that its tokenized U.S. Treasury scale has reached 3000000000 USD, covering USDY、OUSG and tokenized U.S. Treasuries ETF, ranking first among RWA.xyz tokenized U.S. Treasury platforms. Among them,USDY scale exceeds 2300000000 USD, surpassing BlackRock BUIDL。RWA.xyz data show that currently,USDY has a scale of approximately 2328000000 USD，BUIDL approximately 2204000000 USD，OUSG approximately 319000000 USD; the total scale of tokenized U.S. Treasuries is approximately 14910000000 USD, and Circle's USYC ranks first among individual products with approximately 2384000000 USD.
PANews stated that Ondo Finance said in a post on X that its tokenized U.S. Treasury scale has reached 3000000000 USD, covering USDY、OUSG and tokenized U.S. Treasuries ETF。
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The article stated that Ondo Finance ranks first among RWA.xyz tokenized U.S. Treasury platforms.
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RWA.xyz data show that USDY has a scale of approximately 2328000000 USD，BUIDL approximately 2204000000 USD，OUSG approximately 319000000 USD。
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The article stated that the total scale of tokenized U.S. Treasuries is approximately 14910000000 USD, and Circle's USYC is approximately 2384000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news item states that Ondo Finance managed tokenized U.S. Treasury products across several categories total 3000000000 USD. Among them,USDY has a scale of approximately 2328000000 USD, higher than the BUIDL of approximately listed in the article 2204000000 USD。
Why it matters to readers
If the data in the article are accurate,USDY has a greater scale than BUIDL under this measurement methodology, reflecting a change in the scale ranking among tokenized U.S. Treasury products.
Tokenized U.S. Treasuries represent assets related to U.S. Treasury securities in the form of blockchain tokens. Scale data can provide a preliminary indication of the market share of different products, but cannot independently demonstrate a product's safety or yield.
Risks and unknowns
The information is relayed by PANews and does not provide a link to Ondo's original X post.
The article does not provide the specific RWA.xyz data page; the scale and ranking still require verification.
The report does not specify 3000000000 USD the measurement methodology or the corresponding specific point in time.
The data in the article may change with product subscriptions, redemptions, or changes in measurement methodology.
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Tokenized U.S. Treasuries
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