Ondo and Superstate lead weekly growth in tokenized US Treasury market
- —Ondo gained $41.6 million and Superstate $34.2 million over seven days
- —Ondo crossed $3 billion in tokenized Treasuries on October 13
- —USDY at $2.33 billion surpassed BlackRock's BUIDL at $2.2 billion
- —Circle's USYC leads individual funds with $2.38 billion
Why it matters: The tokenized Treasury market is worth about $15 billion, yet only 0.4–2% of these assets are deployed in DeFi, leaving room to grow.
Source: Crypto Briefing