How does BlackRock compare with Ondo Finance? @Ondo's USDY has overtaken @BlackRock’s BUIDL by a slim margin in asset size, at roughly $2.33 billion vs. $2.2 billion, according to @rwaxyz. However, does the RWA giant really triumph over the Wall Street powerhouse? Not necessarily. (1) Different Audiences BUIDL is an institutional fund that uses tokens for U.S. qualified purchasers with a minimum of $5M. There are about 100-110 token holders. USDY is a tokenized note under Regulation S, targeted at non-U.S. people and DeFi users. There are 18,000+ token holders. (2) Different Structures BUIDL contains cash, short-term U.S. Treasury notes, and repo transactions. BNY Mellon is the fund's custodian, and it has a Moody’s Aaa-mf rating. The fund's transfer agent is Securitize (@Securitize). USDY is a senior unsecured note issued by a bankruptcy-remote Delaware LLC. It reports overcollateralization and provides daily attestations. The note has a 3.75% APY yield. (3) Different Access The BUIDL is permissioned and thus restricted to only approved holders. KYC and higher minimums are required for primary mints with USDY, and it trades permissionlessly on DEXes, making it highly composable in DeFi. (4) Similarities They both give onchain exposure to short-term US Treasuries. - They both have yields correlated with short-term interest rates, paying 3% yield. - They are both multi-chain - They both exist within the tokenized Treasury ecosystem of $15B BlackRock has pedigree and regulatory backing. On the other hand, Ondo has accessibility, multi-chain coverage, and onchain use cases. These rankings can reverse based on one big in/out. Circle (@circle)'s USYC remains the largest single offering at around $2.4B. However, tokenized assets have downsides, including lawsuits, redemption-timing issues, smart contract risks, and regulatory changes. These figures can change day to day, so do your own research. The larger trend remains strong: yield-generating dollar assets are migrating onchain as Wall Street and crypto-friendly offerings continue to integrate more.

DTCC picks Canton for launch, Stellar and Arc for 2027 DTCC (@The_DTCC) will launch its Tokenization Service this month on the @CantonNetwork and Besu, DTCC's private network. It starts with 25 stocks, ETFs, and US Treasuries, tokenized 1:1 with securities held at DTC and transferable 24/7 between registered wallets. DTCC puts the pool of assets available to tokenize at about $30 trillion. @StellarOrg and Circle’s @arc are expected to join in 2027, per DTCC’s roadmap, which it says may still change.

Ondo's Gate Debut Brings Staking Rewards And Launchpool Incentives Ondo (@Ondo) $ONDO Intelligent Portfolios have arrived on Gate, giving users access to curated portfolios through single onchain tokens. Supported portfolios qualify for Soft Staking with an estimated 8% APR and no lock-up. Gate's (@Gate) Launchpool also offers BLKHIon rewards for staking USDT, BLKHIon, MAG7Xon, or BLKGRWon.

Chainlink whale holders are finally waking up! According to @everstake_pool, and for better or worse, @Chainlink has just seen a day with some 681 $LINK transactions worth more than $100,000. This is the highest day of whale activity since as far back as November of last year - Nearly 12 months ago. Despite some of the most impressive fundamentals of any platform in the industry, $LINK's price remains down -36% over the past year.

Ondo now holds the top spot in tokenized Treasuries @Ondo manages about $3B in tokenized US Treasuries, government debt issued as tokens, more than any other platform listed on rwa.​xyz. Its $USDY token holds $2.33B of that, edging past BlackRock’s $BUIDL at $2.2B. Ondo grew nearly 10% over the past 30 days, while the wider tokenized Treasury market shrank 5.5% to $14.9B.