Ondo and Superstate lead weekly growth in tokenized US T-bill market

Ondo Finance and Superstate pulled ahead of the pack in the tokenized US Treasury bill market this past week. According to Token Terminal data, Ondo added $41.6 million in market cap over seven days, while Superstate added $34.2 million. Together, that is roughly $75.8 million of fresh capital flowing into two issuers in a single week. Who grew, and by how much The weekly gains cover the period ending around October 19, 2026. Ondo led the way, with Superstate a fairly close second. A tokenized T-bill product takes short-term US government debt and represents it as a token on a blockchain. Holders get exposure to Treasury yields and can move that exposure around on-chain instead of waiting on traditional settlement rails. Ondo’s weekly jump came on the heels of a bigger milestone. On October 13, 2026, the platform crossed $3 billion in total tokenized US Treasury assets. Its flagship product, USDY, accounted for over $2.3 billion of that total, at approximately $2.328 billion. OUSG, Ondo’s other Treasury offering, held approximately $319 million. That haul made Ondo the leading platform by assets, according to RWA.xyz. USDY’s roughly $2.328 billion edged past BlackRock’s BUIDL, whic...