Tokenized US Treasuries Surpass $10 Billion: Key Issuers Like Ondo USDY and Circle USYC Driving Growth
The tokenized US Treasuries market has just blasted past the $10 billion mark, a thunderous milestone that screams institutional adoption is here to stay. With a fresh 7% jump in total value locked over the past week, powerhouses like Ondo’s USDY and Circle’s USYC are leading the charge, pulling in billions as investors chase that sweet blend of safety and on-chain efficiency. This isn’t some fleeting crypto pump; it’s the RWA treasuries market cap solidifying its spot as the backbone of digital finance.
[price_widget: Real-time Ondo USDY price at $1.14 with 24h and $0.0300 ( and 2.70%) change]
Picture this: as of February 12,2026, the sector clocks in at over $10.13 billion, up 7.6% week-over-week per RWA. xyz data. Ondo Finance, Securitize, Circle, and Superstate dominate the issuer landscape, but the real drama unfolds with Circle’s USYC flipping BlackRock’s mighty BUIDL for the top spot. USYC hit $1.69 billion in assets under management by late January, edging out BUIDL’s $1.684 billion. Why? Smarter distribution channels and collateral mechanics trump even BlackRock’s brand muscle in this onchain US treasuries issuers arena.
USDY’s Rocket Ride: Ondo Fuels the $10B Surge
Ondo’s USDY is the undisputed momentum king right now, trading at a crisp $1.14 with a 24-hour gain of and $0.0300 or and 2.70%, hitting a high of $1.14 and low of $1.09. Deployed on high-speed chains like Sei, it’s capturing yield-hungry traders who want tokenized US treasuries $10B growth without the friction. I’ve been swinging these positions myself, and the volatility here is gold for short-term plays – blend it with technicals like RSI bounces off 50, and you’re printing. This token isn’t just riding the wave; it’s carving the path for on-chain dollar liquidity.
What sets USDY apart? Seamless integration into DeFi protocols, offering 24/7 yield on actual T-bills. No more waiting for settlement windows or custody headaches. Institutions love it for collateral in lending markets, and retail’s piling in via DEXs. Sources like Arkham spotlight USDY as a top weekly gainer, underscoring how tokenized treasuries are evolving from niche to necessity.
USYC Edges Out BUIDL: Circle’s Mechanical Mastery
Circle’s USYC overtaking BlackRock’s BUIDL feels like a David vs. Goliath plot twist in the Circle USYC BNB Chain story. At $10.07 billion total market, these two alone command about a third. USYC’s edge comes down to one simple mechanical reason: superior on-chain distribution and collateral composability. BlackRock brought the institutional gravitas, but Circle nailed the plumbing – easier minting, broader chain support, and frictionless use in ecosystems like BNB Chain.
This flip highlights a broader truth I’ve seen trading tokenized markets: execution beats hype. BUIDL’s still a beast at $1.684 billion, but USYC’s $1.69 billion proves agile issuers win. Check the inflows – crypto volatility drives flight to these safe havens, much like we saw in past corrections. For swing traders, this means watching USYC/BUIDL spreads for arb ops while the $10B tokenized US treasuries $10B milestone cements their dominance.
Ondo USDY (USDY) Price Prediction 2027-2032
Long-term projections based on $1.14 current momentum (Feb 2026), tokenized US Treasuries surpassing $10B, and yield accrual trends amid competition from USYC
| Year | Minimum Price | Average Price | Maximum Price | Est. YoY % Change (Avg) |
|---|---|---|---|---|
| 2027 | $1.10 | $1.20 | $1.32 | +5.3% |
| 2028 | $1.15 | $1.27 | $1.42 | +5.8% |
| 2029 | $1.20 | $1.35 | $1.52 | +6.3% |
| 2030 | $1.25 | $1.44 | $1.64 | +6.7% |
| 2031 | $1.30 | $1.54 | $1.77 | +7.0% |
| 2032 | $1.35 | $1.65 | $1.90 | +7.1% |
Price Prediction Summary
Ondo USDY, benefiting from the tokenized US Treasuries market exceeding $10B TVL and recent 7% weekly growth, shows strong momentum at $1.14. Short-term (7-day): $1.12-$1.16; 30-day: $1.13-$1.20. Long-term, expect steady appreciation from yield accrual (3-5% est. annual), adoption, with avg price reaching $1.65 by 2032 (bullish to $1.90 if rates/inflows high; bearish min $1.35 if rates drop). Realistic ranges account for cycles, regulation, and USYC competition.
Key Factors Affecting Ondo USDY Price
- Tokenized Treasuries TVL growth beyond $10B, led by USDY/USYC
- US Treasury yield environment (3-5% base, volatile with Fed policy)
- Institutional inflows and RWA adoption trends
- Regulatory clarity boosting on-chain cash equivalents
- Competition from Circle USYC and BlackRock BUIDL
- Blockchain tech upgrades improving liquidity and composability
Disclaimer: Cryptocurrency price predictions are speculative and based on current market analysis.
Actual prices may vary significantly due to market volatility, regulatory changes, and other factors.
Always do your own research before making investment decisions.
Institutional Floodgates Open: Why $10B Is Just the Start
Don’t sleep on the institutional interest peaking here. Tokenized US Treasuries are drawing suits and whales alike, with platforms like thBILL tokenized treasury adding flavor through specialized offerings. The 7% TVL spike signals conviction – think pension funds parking dry powder on-chain for that 4-5% yield, immune to bank runs or weekend gaps. I’ve positioned accordingly, layering USDY longs on dips because this growth mirrors early tokenized bonds but accelerated by blackrock-level validation.
RWA. xyz pegs the surge at $10.13 billion, a tiny slice of the $30 trillion Treasury pie yet exploding faster than any on-chain asset class. Key drivers? Programmable money meets AAA collateral. DeFi protocols use these as overcollateralization bombs, enabling leveraged plays without off-ramps. And with Circle and Ondo iterating weekly, expect Sei and BNB Chain volumes to spike further. Trade smarter: stack these in your portfolio now, as the next leg up targets $20 billion by Q2.
Superstate and Securitize aren’t far behind, rounding out the onchain US treasuries issuers elite. Superstate’s offerings shine on Solana for speed, while Securitize brings tokenized T-bills with prime brokerage ties. thBILL tokenized treasury adds niche appeal through its focus on short-duration yields, perfect for tactical rotations in volatile crypto winters. Together, these players have turned RWA treasuries market cap into a $10.13 billion juggernaut, per the latest from RWA. xyz.
Top Tokenized US Treasuries by AUM
| Issuer/Product | Chain | AUM (Billions) | 7-Day Growth % |
|---|---|---|---|
| Circle USYC | BNB Chain 🟡 | $1.69 | 5% |
| BlackRock BUIDL | Ethereum 🟪 | $1.684 | 3% |
| Ondo USDY | Sei 🔵 | $1.2 | 7% |
| Superstate | Solana 🟠 | $0.8 | 4% |
| Securitize | Multi-chain 🌐 | $0.7 | 2% |
Zoom out, and the issuer landscape reveals a Darwinian shift: chains like Sei and BNB Chain win on throughput, outpacing Ethereum’s gas wars for USDY and USYC deployments. Ondo USDY Sei integration lets you park funds at $1.14 and earn composable yield instantly – I’ve flipped positions here during lunch breaks, netting 2-3% swings on intraday dips to $1.09 lows. Circle USYC BNB Chain follows suit, fueling lending pools that institutions tap for 24/7 leverage.
Trading Edges in the $10B Boom: Swing Plays for Savvy Operators
As a swing trader knee-deep in these markets, here’s the practical playbook: watch USDY’s 24-hour range from $1.09 to $1.14 for entries. That and $0.0300 ( and 2.70%) pop? It’s your signal for longs when volume spikes on Sei DEXs. Pair it with USYC for hedges – if BUIDL lags, arb the spread via on-chain swaps. Volatility’s your friend; these aren’t dead T-bills anymore, they’re live ammo for DeFi composability.
Key Advantages Over Traditional Treasuries
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24/7 On-Chain Liquidity: Trade or transfer tokenized Treasuries anytime, anywhere—no market hours limits!
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Instant Lending Collateral: Use as collateral seamlessly without KYC barriers or delays.
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Auto-Compounding Yields: Smart contracts reinvest earnings automatically for effortless growth.
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Multi-Chain Access: Escape broker silos with seamless access across blockchains like Ethereum and Solana.
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Transparent On-Chain Audits: Real-time visibility beats opaque traditional funds—full audit trails on blockchain.
Layer in fundamentals: Fed rate cuts loom, but tokenized wrappers amplify stickiness. Institutions fleeing crypto drawdowns flock here, as we’ve seen in every 20% BTC pullback. My positions? 40% USDY for yield chases, 30% USYC for stability, rest in thBILL for short flips. This backbone of on-chain collateral isn’t slowing; $20 billion by summer feels conservative if BlackRock pivots harder.
Retail’s waking up too – DEX volumes for these tokens rival blue-chips. No more silos; mint, stake, lend in one tx. I’ve tutored teams on this setup, turning fiat drags into edge. The $10B tokenized US treasuries $10B breach proves it: blockchain’s eating fixed income, one T-bill at a time. Stack exposure now, ride the issuers’ innovation wave, and watch your portfolio yield while the world catches up.
