According to CoinMeta, based on Token Terminal data, over the past year among the tokenized U.S. Treasury products, USYC has seen the largest increase in market value, with an addition of about $2 billion. Ibenji came in second with an increase of around $1.7 billion, and Ondo Finance saw an increase of about $1.5 billion. Previous data from Token Terminal indicates that USYC has now become one of the largest tokenized U.S. Treasury products.