Market Cap of Tokenized U.S. Treasuries Exceeds $1.5 Billion
Golden Finance reported that as Franklin Templeton uses USDC to implement tokenized fund purchases, the market value of tokenized U.S. Treasuries has exceeded $1.5 billion, with RWA growing 35% since April. BlackRock's BUIDL fund is the main contributor to this growth, up 65% since April, while Franklin Templeton's FOBXX money market fund has grown 27%. In addition, Franklin Templeton recently announced that it will support USDC as an on/off channel for the fund.
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