The tokenization of the U.S. Treasury market has exceeded $1.9 billion, with the Franklin FOBXX fund surpassing $800 million
According to data from the RWA monitoring platform RWA.xyz, as of August 15th, the tokenized U.S. Treasury market has exceeded $1.92 billion; it has increased by $110 million since July 9, 2024, rising by 6.08% in about five weeks. Among them, Franklin Templeton's FOBXX fund size is $843 million, surpassing BlackRock's BUIDL fund ($517 million). In addition, the value of U.S. Treasury tokens on the Ethereum chain is approximately $1.4 billion, ranking first among all networks followed by Stellar (approximately $430 million).
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