Tokenized treasury frenzy fizzles with stunning 800 million USD weekly drop

The tokenized U.S. Treasuries sector saw an $800 million decrease, reflecting a 10.57% fall. Previously reaching a peak of 7.55 billion USD on July 16, 2025, the market is undergoing significant changes.

Blackrock’s BUIDL fund notably lost $409 million, indicating strong outflows affecting major players. Meanwhile, Ondo’s Short-Term U.S. Government Bond Fund managed a slight gain.

XRP faced a volatility spike, plummeting 9.4% to 3.20 USD. Conversely, BNB rose to an all-time high around 808 USD, gaining traction against the backdrop of XRP’s decline.

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