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Tokenized U.S. Treasury Market Surges to $4.2B Amid Crypto Market Correction
Recent market volatility in the cryptocurrency space has spurred investors to seek safer havens, leading to significant growth in tokenized U.S. Treasury products. Data from rwa.xyz reveals that the combined market capitalization of these Treasury-backed tokens has reached a new all-time high of $4.2 billion, an $800 million increase since late January. Ondo Finance’s OUSG and USDY tokens, which…
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