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Ondo Finance's tokenized US Treasury has reached a scale of 3 billion US dollars, covering USDY, OUSG, and tokenized US Treasury ETFs, ranking first on the RWA.xyz platform. Among them, the USDY scale is about 2.328 billion US dollars, surpassing BlackRock BUIDL's 2.204 billion US dollars. At present, the total size of tokenized US bonds is about 14.91 billion US dollars, with Circle's USYC ranking first among single products with about 2.384 billion US dollars.