The total market value of the Token supported by US Treasury bonds has reached a new high of 42 billion dollars.

Golden Finance reported that, according to data from rwa.xyz, the total Market Caprise of US Treasury-backed Tokens has increased by 800 million USD since the end of January, reaching a record high of 4.2 billion USD on Wednesday. The products of the real-world asset platform Ondo Finance (ONDO), including the OUSG and USDY Tokens supported by short-term bonds, have seen a total value increase to nearly 10 billion US dollars, with a 53% rise in Market Cap over the past month. Token BUIDL, jointly issued by asset management company BlackRock and tokenization company Securitize, has increased by 25% during the same period, exceeding 8 billion US dollars. BENJI Token from asset management company Franklin Templeton has expanded its value to 687 million US dollars, rising by 16%, while USTB from Superstate has reached 363 million US dollars, with a rise of over 63%. rwa.xyz Research Director Brian Choe stated that during the cryptocurrency downturn, the rise speed of tokenized national debt exceeded stablecoins, seen as a “quality leap,” with investors turning to safer and more profitable assets.