Not all tokenized treasury products performed equally well in 2025. Credit: Veronica Cestari/CCN. Key Takeaways The market cap of tokenized treasury products has more than doubled in 2025. Different token models have different advantages Yields in the year to Christmas range from 2.3%-4.2%. Various forms of tokenized U.S. Treasury exposure have been around for years, but the concept really took off in 2025. The market capitalization of all yield-bearing, on-chain Treasury products has more than ...

RT Ondo Finance (@OndoFinance)Ondo Finance has joined with State Street Investment Management and Galaxy Asset Management to announce plans for SWEEP, a new private tokenized liquidity fund bringing traditional cash management onchain.OUSG, Ondo’s flagship tokenized fund, plans to serve as the lead anchor investor in SWEEP, utilizing the fund to further diversify its reserves and enhance access to 24/7 liquidity for OUSG investors.OUSG holds a diversified basket of institutional tokenized U.S. Treasury fund ...

RT Token Terminal 📊 (@tokenterminal)The largest tokenized funds, ranked by market cap:1. BUIDL @Securitize2. USYC @circle3. JAAA @centrifuge4. USTB @SuperstateInc5. OUSG @OndoFinance6. WTGXX @WisdomTreePrime7. USDY Ondo8. USD0++ @usualmoney9. USCC Superstate10. EUTBL @Spiko_finance https://t.co/wBypbmbA4Z ...

RT Token Terminal 📊 (@tokenterminal)Top 3 tokenized fund deployments, based on market cap:🥇 USYC on @BNBCHAIN, issued by @circle🥈 JAAA on @ethereum, issued by @centrifuge🥉 WTGXX on @ethereum, issued by @WisdomTreeFunds https://t.co/Kb0eC6GMGj ...

Top 3 tokenized fund deployments, based on market cap:🥇 USYC on @BNBCHAIN, issued by @circle🥈 JAAA on @ethereum, issued by @centrifuge🥉 WTGXX on @ethereum, issued by @WisdomTreeFunds https://t.co/Kb0eC6GMGj ...

Real World Assets (RWA) Growth - Token Terminal identifies the fastest growing Real World Assets (RWAs) [1] - The list includes both USD and EUR denominated RWAs [1] Top RWAs by Growth - USCC (Superstate) leads the list of fastest growing RWAs [1] - EURA (Angle Protocol) ranks second in RWA growth [1] - XAUT (Tether) is the third fastest growing RWA [1] - PYUSD (PayPal) is listed as a fast-growing RWA [1] - VBILL (VanEck/Securitize) is among the fastest growing RWAs [1] - USYC (Circle) is identified as a fast-growing RWA [1] - USTB (Superstate) is also on the list [1] - GHO (Aave) is recognized as a fast-growing RWA [1] - RLUSD (Ripple) is included in the list [1] - thBILL (Theo Network) is listed as a fast-growing RWA [1] - EURC (Circle) is identified as a fast-growing RWA [1] - WTGXX (WisdomTree) is among the fastest growing RWAs [1]

Key Issuers & Chains - The report identifies issuers and chains as two 'investable' columns, with Ethereum being present on each row [1] Fastest Growing RWAs (Real World Assets) - USCC from Superstate Inc is identified as the fastest growing RWA [1] - EURA from Angle Protocol is among the fastest growing RWAs [1] - XAUT from Tether is listed as a fast-growing RWA [1] - PYUSD from PayPal is included in the list of fastest growing RWAs [1] - VBILL from Vaneck US and Securitize is noted as a fast-growing RWA [1] - USYC from Circle is identified as one of the fastest growing RWAs [1] - USTB from Superstate is listed among the fastest growing RWAs [1] - GHO from Aave is included in the list of fastest growing RWAs [1] - RLUSD from Ripple is noted as a fast-growing RWA [1] - thBILL from Theo Network is identified as one of the fastest growing RWAs [1] - EURC from Circle is listed among the fastest growing RWAs [1] - WTGXX from WisdomTree Funds is included in the list of fastest growing RWAs [1]

RWA（Real World Assets）增长最快的项目 - USCC @SuperstateInc 增长速度领先 [1] - EURA @AngleProtocol 位列第二 [1] - XAUT @Tether_to 排名第三 [1] - PayPal 的 PYUSD 也在快速增长之列 [1] - VanEck 的 VBILL @vaneck_us @Securitize 同样表现出色 [1] 其他值得关注的 RWA 项目 - Circle 的 USYC 和 Superstate 的 USTB 也在快速增长 [1] - Aave 的 GHO 和 Ripple 的 RLUSD 同样值得关注 [1] - Theo_Network 的 thBILL 和 Circle 的 EURC 也在增长之列 [1] - WisdomTreeFunds 的 WTGXX 也在快速增长 [1]

Tokenized Funds Growth - Fastest growing tokenized funds are in the $100 million to $1 billion supply range [1] Top Tokenized Funds - USCC by Superstate is among the fastest growing tokenized funds [1] - USTB by Superstate is among the fastest growing tokenized funds [1] - MF-ONE by MidasRWA is among the fastest growing tokenized funds [1] - EUTBL by Spiko_finance is among the fastest growing tokenized funds [1] - FDIT by Fidelity is among the fastest growing tokenized funds [1] - USYC by Circle is among the fastest growing tokenized funds [1] - WTGXX by WisdomTreeFunds is among the fastest growing tokenized funds [1] - ACRED by Securitize is among the fastest growing tokenized funds [1] - USDY by OndoFinance is among the fastest growing tokenized funds [1]

Tokenized Funds Growth - Identifies the fastest-growing tokenized funds within the $100 million to $1 billion supply range [1] - Highlights USCC by @SuperstateInc as a leading fund [1] - Lists USTB by Superstate among the fastest-growing [1] - Mentions MF-ONE by @MidasRWA as a notable fund [1] - Includes EUTBL by @Spiko_finance in the ranking [1] - Notes FDIT by @Fidelity as one of the fastest-growing [1] - Recognizes USYC by @circle in the list [1] - Features WTGXX by @WisdomTreeFunds [1] - ACRED by @Securitize is also listed [1] - Includes USDY by @OndoFinance [1]