USYC's market value has increased by $2 billion in the past year, leading the tokenized US bond market

According to Token Terminal data, Circle's USYC has increased its market value by $2 billion in the past year, ranking first in the tokenized US Treasury market; IBENJI and USDY grew by $1.7 billion and $1.5 billion respectively, while BlackRock BUIDL grew by $552.5 million during the same period, ranking fifth.