$30b was the previous milestone of total distributed RWA value. Now, this figure is on the way to reach the top again. US Treasuries take the lead at $14.55b in value, accounting for over 47% of the overall value. Why US Treasuries? US Treasuries are debt securities, representing the faith and credit of the US government. When companies or large corporations accumulate any kind of US Treasuries, they issue a type of token to represent their holdings. Thus, the reason to choose US Treasuries is primarily trust. Users need solid trust from the tokenized funds for their purchases - even more important than yield. Leading RWAs issued upon US Treasuries: + USYC by @circle - $2.98b + BUIDL by @BlackRock - $2.44b + BENJI by @FTI_US - $2.23b + USDY by @OndoFinance - $2.14b + JTRSY by @centrifuge - $1.14 + WTGXX by @WisdomTreeFunds - $975.7m + USTB by @SuperstateInc - $849.3m + OUSG by @OndoFinance - $680.5m + USTBL by @Spiko_finance - $152.8m + thBILL by @Theo_Network - $139.4m