Imagine money, but digital! Cryptocurrencies, like Bitcoin, sometimes go up and down in value. Recently, some digital money linked to safe US government bonds became very popular. This is because when the overall crypto market went down, people moved their money to safer investments.
- Digital money tied to US government bonds grew a lot!
- People are moving to safer investments because the crypto market is down.
- Some tokens went up, others went down.
Token Type | Market Value Change |
---|---|
Treasury-backed tokens (total) | +$800 million (new record!) |
OUSG & USDY | Up 53% |
BUIDL | Up 25% |
BENJI | Up 16% |
USTB | Up 63% |
USYC | Down over 20% |