According to the latest tokenization report released by Grayscale, the scale of tokenized US Treasury funds has exceeded 1 billion USD, with Franklin OnChain US Government Money Fund (FOBXX) and BlackRock Dollar Institutional Digital Liquidity Fund (BUIDL) ranking in the top two. In addition, 60% of the tokenized US Treasury fund AUM is on the Ethereum blockchain, 30% is on Stellar blockchain (for example, FOBXX was launched on Stellar blockchain), and 10% is on other blockchains.