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Data: The market capitalization of 23 tokenized US Treasury funds exceeds 100 million dollars, with Circle’s USYC being the largest in scale.

Data: The market capitalization of 23 tokenized US Treasury funds exceeds 100 million dollars, with Circle’s USYC being the largest in scale.

ChaincatcherChaincatcher2026/05/18 15:20
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According to ChainCatcher, data from Token Terminal shows that there are currently 23 tokenized US Treasury (T-Bill) funds on the market with a market capitalization of over $100 million each, and the total value of tokenized assets has reached $13.7 billion.

Among them, USYC issued by Circle is currently the largest T-Bill fund, with a market capitalization of $2.9 billion on BNB Chain. Next are iBENJI (Franklin Templeton), BUILD (BlackRock), and JTRSY (Invesco) on Ethereum, with market capitalizations of $1.4 billion, $1.2 billion, and $1.1 billion respectively.

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