Key Takeaways:
rwa.xyz data shows tokenized Treasuries hit $15.20B in May; growth signals rising onchain demand. Circle’s USYC leads at $2.91B, while Blackrock BUIDL at $2.58B reflects institutional traction. Top 10 exceed $13.9B combined; multi-chain expansion may drive further adoption across networks. Top 10 Tokenized Treasury Funds Exceed $13.9B as Institutional Demand AcceleratesThe remaining $4.28 billion is distributed across 66 additional assets. Positions six through ten include the Wisdomtree Government Money Market Digital Fund (WTGXX), with a market capitalization of $978.06 million, followed closely by the Superstate Short Duration U.S. Government Securities Fund (USTB), which holds $814.13 million.
The Ondo Short-Term U.S. Government Bond Fund (OUSG) holds the eighth position with $682.37 million, followed by the ChinaAMC USD Digital Money Market Fund Class I (CUMIU) at $547.56 million. Closing out the top ten is the Spiko U.S. T-Bills Money Market Fund (USTBL), which carries a valuation of $153.32 million this weekend. The tokenized Treasuries ranked six through ten exceed $3 billion in total value.
If current issuance and adoption trends persist, and many insist it will, the sector will likely continue to attract both institutional and onchain participants seeking yield-bearing, dollar-linked exposure.
