date,family,instrument,status,holders,value_usd,active_30d,cash_leg,clock,exit_type,redemption_status,crowd_note,basis_note,source
2026-09-07,TWIN-Treasuries,BUIDL,Watch,107,2790000000,,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. Public on-chain holder tally in the low hundreds. Not an MMF-like book.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz / transfer-agent disclosures
2026-09-07,TWIN-Treasuries,USYC,Watch,34,2620000000,,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. Public on-chain holder tally in the low tens against billions of value.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz / Circle USYC disclosures
2026-09-07,TWIN-Treasuries,OUSG,Watch,86,,,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. Public on-chain holder tally under 100. Underlying book is itself concentrated.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz / Ondo docs
2026-09-08,TWIN-Treasuries,BUIDL,Watch,107,2790000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, and mostly still. 107 public holders; 27 addresses active in 30 days. The book is not turning over.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 8 Sep 2026
2026-09-08,TWIN-Treasuries,USYC,Watch,34,2620000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight and tightening. 34 public holders (−8% / 30d) on $2.62bn. Nine addresses active in 30 days. Value −13% / 30d. A few wallets leaving is the fund.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 8 Sep 2026
2026-09-08,TWIN-Treasuries,OUSG,Watch,86,410000000,,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,"Tight. 86 public holders (+43% / 30d) on $410m. Broader than last month, still not an MMF book. Underlying remains concentrated in other tokenized funds.","NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 8 Sep 2026
2026-09-09,TWIN-Treasuries,BUIDL,Watch,106,2770000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, and still mostly inert. 106 public holders (107 on 8 Sep); 27 addresses active in 30 days.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 9 Sep 2026
2026-09-09,TWIN-Treasuries,USYC,Watch,34,2620000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 34 public holders on $2.62bn. Nine addresses active in 30 days. No change from 8 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 9 Sep 2026
2026-09-09,TWIN-Treasuries,OUSG,Watch,87,414000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 87 public holders (86 on 8 Sep) on $414m. Sixteen addresses active in 30 days. Still a stacked twin.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 9 Sep 2026
2026-09-10,TWIN-Treasuries,BUIDL,Watch,105,2750000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, and still inert. 105 public holders (106 on 9 Sep, 107 on 8 Sep). 27 addresses active in 30 days. The register is thinning without turning over.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 10 Sep 2026
2026-09-10,TWIN-Treasuries,USYC,Watch,34,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 34 public holders on $2.60bn (was $2.62bn). Nine addresses active in 30 days. Holders unchanged since 8 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 10 Sep 2026
2026-09-10,TWIN-Treasuries,OUSG,Watch,86,411000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 86 public holders (87 on 9 Sep) on $411m. Sixteen addresses active in 30 days. Yesterday’s extra name did not stay. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 10 Sep 2026
2026-09-11,TWIN-Treasuries,BUIDL,Watch,105,2750000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, and still inert. 105 public holders. 27 addresses active in 30 days. Unchanged from 10 Sep.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 11 Sep 2026
2026-09-11,TWIN-Treasuries,USYC,Watch,34,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 34 public holders on $2.60bn. Nine addresses active in 30 days. Unchanged from 10 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 10 Sep 2026, retrieved 11 Sep"
2026-09-11,TWIN-Treasuries,OUSG,Watch,86,411000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 86 public holders on $411m. Sixteen addresses active in 30 days. Unchanged from 10 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 10 Sep 2026, retrieved 11 Sep"
2026-09-12,TWIN-Treasuries,BUIDL,Watch,106,2730000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,"Weekend. US banking-day cut-offs are closed (subscribe ~14:30 ET / redeem tokens in by ~15:00 ET). Instant USDC path is the live rail, until the reserve binds.","Primary USD is closed until Monday. Instant USDC path only, capacity-limited.",,"Tight, still inert. 106 public holders on $2.73bn. 27 addresses active in 30 days.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 11 Sep 2026, printed 12 Sep"
2026-09-12,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Weekend. Manual primary (09:00–14:00 ET) is closed. Teller path 24/7 remains the live rail.,"Primary T+1 is closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 11 Sep 2026, printed 12 Sep"
2026-09-12,TWIN-Treasuries,OUSG,Watch,86,409000000,16,USDC / USD. Instant redemption pays USDC.,"Weekend. Non-instant 16:00 ET window is closed. Instant USDC path remains, cap-bound.","Primary T+1 is closed until Monday. Instant USDC only, above the published minimum, until the cap binds.",,Tight. 86 public holders on $409m. Sixteen addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 11 Sep 2026, printed 12 Sep"
2026-09-13,TWIN-Treasuries,BUIDL,Watch,106,2730000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,"Sunday. US banking-day cut-offs remain closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",,"Tight, still inert. 106 public holders on $2.73bn. 27 addresses active in 30 days. Unchanged from 12 Sep.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 12 Sep 2026, printed 13 Sep"
2026-09-13,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Sunday. Manual primary remains closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days. Unchanged from 12 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 12 Sep 2026, printed 13 Sep"
2026-09-13,TWIN-Treasuries,OUSG,Watch,86,409000000,16,USDC / USD. Instant redemption pays USDC.,"Sunday. Non-instant 16:00 ET window remains closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",,Tight. 86 public holders on $409m. Sixteen addresses active in 30 days. Unchanged from 12 Sep.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 12 Sep 2026, printed 13 Sep"
2026-09-14,TWIN-Treasuries,BUIDL,Watch,106,2730000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, still inert. 106 public holders on $2.73bn. 27 addresses active in 30 days. Unchanged across 12–13 Sep.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 13 Sep 2026, printed 14 Sep"
2026-09-14,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days. Unchanged across 12–13 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 13 Sep 2026, printed 14 Sep"
2026-09-14,TWIN-Treasuries,OUSG,Watch,86,409000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 86 public holders on $409m. Sixteen addresses active in 30 days. Unchanged across 12–13 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 13 Sep 2026, printed 14 Sep"
2026-09-15,TWIN-Treasuries,BUIDL,Watch,106,2700000000,26,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, still inert. 106 public holders on $2.70bn. 26 addresses active in 30 days (27 on 14 Sep).","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 15 Sep 2026
2026-09-15,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days. Unchanged from 14 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 15 Sep 2026
2026-09-15,TWIN-Treasuries,OUSG,Watch,86,409000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 86 public holders on $409m. Sixteen addresses active in 30 days. Unchanged from 14 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 15 Sep 2026
2026-09-16,TWIN-Treasuries,BUIDL,Watch,106,2700000000,26,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight, still inert. 106 public holders on $2.70bn. 26 addresses active in 30 days. Unchanged from 15 Sep.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 16 Sep 2026
2026-09-16,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days. Unchanged from 15 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 16 Sep 2026
2026-09-16,TWIN-Treasuries,OUSG,Watch,84,404000000,19,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 84 public holders on $404m (86 / $409m on 15 Sep). Nineteen addresses active in 30 days (16 on 15 Sep). Two names left. Still a stacked twin.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 16 Sep 2026
2026-09-17,TWIN-Treasuries,BUIDL,Watch,106,2730000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 106 public holders on $2.73bn. 27 addresses active in 30 days. Holders flat; TVL ticked up a touch. Still not an MMF book.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 16 Sep 2026
2026-09-17,TWIN-Treasuries,USYC,Watch,35,2600000000,9,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 35 public holders on $2.60bn. Nine addresses active in 30 days. Holders unchanged.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 16 Sep 2026
2026-09-17,TWIN-Treasuries,OUSG,Watch,84,400000000,19,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 84 public holders on $400m (86 / $409m on 15 Sep). Nineteen addresses active in 30 days. Still a stacked twin.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 16 Sep 2026
2026-09-18,TWIN-Treasuries,BUIDL,Watch,108,2630000000,25,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds. After this session primary is shut until Monday.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 108 public holders on $2.63bn. 25 addresses active in 30 days. Unchanged from 17 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 17 Sep 2026, printed 18 Sep"
2026-09-18,TWIN-Treasuries,USYC,Watch,36,2550000000,10,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. After this session manual primary is shut until Monday.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 36 public holders on $2.55bn (35 on 17 Sep). Ten addresses active in 30 days (9 on 17 Sep).,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 18 Sep 2026
2026-09-18,TWIN-Treasuries,OUSG,Watch,85,403000000,20,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC. After this session the 16:00 window is shut until Monday.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 85 public holders on $403m. Twenty addresses active in 30 days. Unchanged from 17 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 18 Sep 2026
2026-09-19,TWIN-Treasuries,BUIDL,Watch,108,2380000000,25,USD wire on primary; USDC on subscribe/redeem and instant window,"Saturday. US banking-day cut-offs are closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",,Tight. 108 public holders on $2.38bn (108 / $2.63bn on 18 Sep). 25 addresses active in 30 days. Value left. The public tally did not.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 19 Sep 2026
2026-09-19,TWIN-Treasuries,USYC,Watch,36,2550000000,10,USDC through the Teller. Fiat primary sits on the US banking day.,Saturday. Manual primary is closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 36 public holders on $2.55bn. Ten addresses active in 30 days. Unchanged from 18 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 19 Sep 2026
2026-09-19,TWIN-Treasuries,OUSG,Watch,85,396000000,19,USDC / USD. Instant redemption pays USDC.,"Saturday. Non-instant 16:00 ET window is closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",,Tight. 85 public holders on $396m (85 / $403m on 18 Sep). 19 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 19 Sep 2026
2026-09-20,TWIN-Treasuries,BUIDL,Watch,108,2300000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,"Sunday. US banking-day cut-offs remain closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",,Tight. 108 public holders on $2.30bn (108 / $2.38bn on 19 Sep). 27 addresses active in 30 days (25 on 19 Sep). Second day of stock leaving a flat tally.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 19 Sep 2026, printed 20 Sep"
2026-09-20,TWIN-Treasuries,USYC,Watch,36,2510000000,10,USDC through the Teller. Fiat primary sits on the US banking day.,Sunday. Manual primary remains closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 36 public holders on $2.51bn (was $2.55bn). Ten addresses active in 30 days. Holders unchanged.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 19 Sep 2026, printed 20 Sep"
2026-09-20,TWIN-Treasuries,OUSG,Watch,85,396000000,19,USDC / USD. Instant redemption pays USDC.,"Sunday. Non-instant 16:00 ET window remains closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",,Tight. 85 public holders on $396m. 19 addresses active in 30 days. Unchanged from 19 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 19 Sep 2026, printed 20 Sep"
2026-09-21,TWIN-Treasuries,BUIDL,Watch,108,2300000000,25,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 108 public holders on $2.30bn. 25 addresses active in 30 days (27 on 20 Sep). Weekend stock drain did not add names.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 21 Sep 2026
2026-09-21,TWIN-Treasuries,USYC,Watch,36,2510000000,8,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 36 public holders on $2.51bn. Eight addresses active in 30 days (10 on 20 Sep).,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 20 Sep 2026, printed 21 Sep"
2026-09-21,TWIN-Treasuries,OUSG,Watch,84,396000000,19,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 84 public holders on $396m (85 on 20 Sep). 19 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 20 Sep 2026, printed 21 Sep"
2026-09-22,TWIN-Treasuries,BUIDL,Watch,108,2300000000,25,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 108 public holders on $2.30bn. 25 addresses active in 30 days. Unchanged from 21 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 21 Sep 2026, printed 22 Sep"
2026-09-22,TWIN-Treasuries,USYC,Watch,36,2510000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 36 public holders on $2.51bn. Seven addresses active in 30 days (8 on 21 Sep).,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 22 Sep 2026
2026-09-22,TWIN-Treasuries,OUSG,Watch,85,393000000,20,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 85 public holders on $393m (84 / $396m on 21 Sep). 20 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 22 Sep 2026
2026-09-23,TWIN-Treasuries,BUIDL,Watch,106,2290000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,"Tight. 106 public holders on $2.29bn (108 / $2.30bn on 22 Sep). 28 addresses active in 30 days (25 on 22 Sep). Two names off. More activity, not breadth.","Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 23 Sep 2026
2026-09-23,TWIN-Treasuries,USYC,Watch,36,2510000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 36 public holders on $2.51bn. Seven addresses active in 30 days. Unchanged from 22 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 23 Sep 2026
2026-09-23,TWIN-Treasuries,OUSG,Watch,85,393000000,20,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 85 public holders on $393m. 20 addresses active in 30 days. Unchanged from 22 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 22 Sep 2026, printed 23 Sep"
2026-09-24,TWIN-Treasuries,BUIDL,Watch,107,2240000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 107 public holders on $2.24bn (106 / $2.29bn on 23 Sep). 28 addresses active in 30 days. One name back. Stock still leaving.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 24 Sep 2026
2026-09-24,TWIN-Treasuries,USYC,Watch,36,2510000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 36 public holders on $2.51bn. Seven addresses active in 30 days. Unchanged from 23 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 23 Sep 2026, printed 24 Sep"
2026-09-24,TWIN-Treasuries,OUSG,Watch,85,388000000,20,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 85 public holders on $388m (85 / $393m on 23 Sep). 20 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 23 Sep 2026, printed 24 Sep"
2026-09-25,TWIN-Treasuries,BUIDL,Watch,107,2240000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds. After this session primary is shut until Monday.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,,Tight. 107 public holders on $2.24bn. 28 addresses active in 30 days. Unchanged from 24 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 25 Sep 2026
2026-09-25,TWIN-Treasuries,USYC,Watch,35,2430000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. After this session manual primary is shut until Monday.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,,Very tight. 35 public holders on $2.43bn (36 / $2.51bn on 24 Sep). Seven addresses active in 30 days.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 25 Sep 2026
2026-09-25,TWIN-Treasuries,OUSG,Watch,85,391000000,20,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC. After this session the 16:00 window is shut until Monday.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",,Tight. 85 public holders on $391m (85 / $388m on 24 Sep). 20 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 24 Sep 2026, printed 25 Sep"
2026-09-26,TWIN-Treasuries,BUIDL,Watch,107,2240000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,"Saturday. US banking-day cut-offs are closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",,Tight. 107 public holders on $2.24bn. 28 addresses active in 30 days. Unchanged from 25 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 26 Sep 2026
2026-09-26,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Saturday. Manual primary is closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 35 public holders on $2.40bn (35 / $2.43bn on 25 Sep). Seven addresses active in 30 days.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 26 Sep 2026
2026-09-26,TWIN-Treasuries,OUSG,Watch,85,391000000,21,USDC / USD. Instant redemption pays USDC.,"Saturday. Non-instant 16:00 ET window is closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",,Tight. 85 public holders on $391m. 21 addresses active in 30 days (20 on 25 Sep). Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 25 Sep 2026, printed 26 Sep"
2026-09-27,TWIN-Treasuries,BUIDL,Watch,107,2240000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,"Sunday. US banking-day cut-offs remain closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",,Tight. 107 public holders on $2.24bn. 28 addresses active in 30 days. Unchanged from 26 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 26 Sep 2026, printed 27 Sep"
2026-09-27,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Sunday. Manual primary remains closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 26 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 26 Sep 2026, printed 27 Sep"
2026-09-27,TWIN-Treasuries,OUSG,Watch,85,393000000,21,USDC / USD. Instant redemption pays USDC.,"Sunday. Non-instant 16:00 ET window remains closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",,Tight. 85 public holders on $393m. 21 addresses active in 30 days. Unchanged from 26 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 26 Sep 2026, printed 27 Sep"
2026-09-28,TWIN-Treasuries,BUIDL,Watch,107,2240000000,24,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 107 public holders on $2.24bn. 24 addresses active in 30 days (28 on 27 Sep). Weekend drain still sits on a flat tally.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 28 Sep 2026
2026-09-28,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 27 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 28 Sep 2026
2026-09-28,TWIN-Treasuries,OUSG,Watch,85,393000000,21,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 85 public holders on $393m. 21 addresses active in 30 days. Unchanged from 27 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 28 Sep 2026
2026-09-29,TWIN-Treasuries,BUIDL,Watch,107,2240000000,24,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 107 public holders on $2.24bn. 24 addresses active in 30 days. Unchanged from 28 Sep.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 28 Sep 2026, printed 29 Sep"
2026-09-29,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 28 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 28 Sep 2026, printed 29 Sep"
2026-09-29,TWIN-Treasuries,OUSG,Watch,85,393000000,21,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 85 public holders on $393m. 21 addresses active in 30 days. Unchanged from 28 Sep. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 28 Sep 2026, printed 29 Sep"
2026-09-30,TWIN-Treasuries,BUIDL,Watch,106,2250000000,26,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn (107 / $2.24bn on 29 Sep). 26 addresses active in 30 days (24 on 29 Sep). One name off. Not breadth.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 30 Sep 2026
2026-09-30,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 29 Sep.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 29 Sep 2026, printed 30 Sep"
2026-09-30,TWIN-Treasuries,OUSG,Watch,84,386000000,21,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 84 public holders on $386m (85 / $393m on 29 Sep). 21 addresses active in 30 days. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 29 Sep 2026, printed 30 Sep"
2026-10-01,TWIN-Treasuries,BUIDL,Watch,105,2250000000,27,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 105 public holders on $2.25bn (106 on 30 Sep). 27 addresses active in 30 days (26 on 30 Sep). One name off. Not breadth.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 1 Oct 2026
2026-10-01,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days (7 on 30 Sep).,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 1 Oct 2026
2026-10-01,TWIN-Treasuries,OUSG,Watch,84,313000000,21,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 84 public holders on $313m (84 / $386m on 30 Sep). 21 addresses active in 30 days. ~$73m left. The public tally did not. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.","RWA.xyz as of 30 Sep 2026, printed 1 Oct"
2026-10-02,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds. After this session primary is shut until Monday.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn (105 on 1 Oct). 28 addresses active in 30 days (27 on 1 Oct). Yesterday’s missing name returned. Not breadth.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 2 Oct 2026
2026-10-02,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. After this session manual primary is shut until Monday.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days. Unchanged from 1 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 2 Oct 2026
2026-10-02,TWIN-Treasuries,OUSG,Watch,84,320000000,18,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC. After this session the 16:00 window is shut until Monday.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 84 public holders on $320m (84 / $313m on 1 Oct). 18 addresses active in 30 days (21 on 1 Oct). Flat tally. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 2 Oct 2026
2026-10-03,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,"Saturday. US banking-day cut-offs are closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",Instant-only,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 2 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 3 Oct 2026
2026-10-03,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Saturday. Manual primary is closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",Instant-only,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days. Unchanged from 2 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 3 Oct 2026
2026-10-03,TWIN-Treasuries,OUSG,Watch,84,320000000,18,USDC / USD. Instant redemption pays USDC.,"Saturday. Non-instant 16:00 ET window is closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",Instant-only,Tight. 84 public holders on $320m. 18 addresses active in 30 days. Unchanged from 2 Oct. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 3 Oct 2026
2026-10-04,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,"Sunday. US banking-day cut-offs remain closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",Instant-only,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 3 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 3 Oct 2026, printed 4 Oct"
2026-10-04,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Sunday. Manual primary remains closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",Instant-only,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days. Unchanged from 3 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 3 Oct 2026, printed 4 Oct"
2026-10-04,TWIN-Treasuries,OUSG,Watch,84,321000000,17,USDC / USD. Instant redemption pays USDC.,"Sunday. Non-instant 16:00 ET window remains closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",Instant-only,Tight. 84 public holders on $321m. 17 addresses active in 30 days (18 on 3 Oct). Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 4 Oct 2026
2026-10-05,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 4 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 5 Oct 2026
2026-10-05,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days. Unchanged from 4 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 5 Oct 2026
2026-10-05,TWIN-Treasuries,OUSG,Watch,84,321000000,17,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 84 public holders on $321m. 17 addresses active in 30 days. Unchanged from 4 Oct. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 5 Oct 2026
2026-10-06,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 5 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 5 Oct 2026, printed 6 Oct"
2026-10-06,TWIN-Treasuries,USYC,Watch,35,2400000000,6,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Six addresses active in 30 days. Unchanged from 5 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.","RWA.xyz as of 5 Oct 2026, printed 6 Oct"
2026-10-06,TWIN-Treasuries,OUSG,Watch,84,321000000,17,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 84 public holders on $321m. 17 addresses active in 30 days. Unchanged from 5 Oct. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 6 Oct 2026
2026-10-07,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 6 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 7 Oct 2026
2026-10-07,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days (6 on 6 Oct). One more active address is not breadth.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 7 Oct 2026
2026-10-07,TWIN-Treasuries,OUSG,Watch,85,321000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 85 public holders on $321m (84 on 6 Oct). 16 addresses active in 30 days (17 on 6 Oct). One name back. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 7 Oct 2026
2026-10-08,TWIN-Treasuries,BUIDL,Watch,106,2250000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.25bn. 28 addresses active in 30 days. Unchanged from 7 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 8 Oct 2026
2026-10-08,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. Same-day liquidity is not guaranteed past published capacity.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 7 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 8 Oct 2026
2026-10-08,TWIN-Treasuries,OUSG,Watch,85,321000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 85 public holders on $321m. 16 addresses active in 30 days. Unchanged from 7 Oct. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 8 Oct 2026
2026-10-09,TWIN-Treasuries,BUIDL,Watch,106,2200000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,Primary cut-offs on the US banking day (subscribe ~14:30 ET; redeem tokens in by ~15:00 ET). Instant path 24/7 until the reserve binds. After this session primary is shut until Monday.,Primary USD next-cycle. Instant USDC path exists and is capacity-limited.,Open,Tight. 106 public holders on $2.20bn (106 / $2.25bn on 8 Oct). 28 addresses active in 30 days. ~$50m left. The tally did not.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.",RWA.xyz as of 9 Oct 2026
2026-10-09,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Teller path 24/7. Manual primary 09:00–14:00 ET. After this session manual primary is shut until Monday.,Near-instant USDC via Teller while liquidity is posted. Primary redemption T+1 inside banking hours.,Open,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 8 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 9 Oct 2026
2026-10-09,TWIN-Treasuries,OUSG,Watch,85,322000000,16,USDC / USD. Instant redemption pays USDC.,"Instant path atomic, subject to published caps. Non-instant: tokens in by 16:00 ET for next-business-day USDC. After this session the 16:00 window is shut until Monday.","Instant USDC above a low minimum, cap-bound. Primary T+1 behind the cap.",Open,Tight. 85 public holders on $322m. 16 addresses active in 30 days. Unchanged from 8 Oct. Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 9 Oct 2026
2026-10-09,TWIN-Credit,JAAA,Watch,37,588000000,39,USDC via the Centrifuge app.,Daily primary on the Centrifuge app. Underlying credit hours are not this window. After this session the banking-day window is shut until Monday.,"Primary via the Centrifuge app. Do not list Morpho, Aave, or a secondary book as the exit.",Open,Tight. 37 public holders on $588m. 39 addresses active in 30 days. A short register is not a deep book.,Path. Token versus the listed AAA CLO. No spread stamped.,"RWA.xyz as of 8 Oct 2026, printed 9 Oct"
2026-10-10,TWIN-Treasuries,BUIDL,Watch,106,2200000000,28,USD wire on primary; USDC on subscribe/redeem and instant window,"Saturday. US banking-day cut-offs are closed. Instant USDC path is the live rail, until the reserve binds.","Primary USD closed until Monday. Instant USDC path only, capacity-limited.",Instant-only,Tight. 106 public holders on $2.20bn. 28 addresses active in 30 days. Unchanged from 9 Oct.,"Token targets $1 NAV. Secondary prints thin. Basis risk is the liquidity path, not the price.","RWA.xyz as of 9 Oct 2026, printed 10 Oct"
2026-10-10,TWIN-Treasuries,USYC,Watch,35,2400000000,7,USDC through the Teller. Fiat primary sits on the US banking day.,Saturday. Manual primary is closed. Teller path 24/7 is the live rail.,"Primary T+1 closed until Monday. Near-instant USDC via Teller only, while liquidity is posted.",Instant-only,Very tight. 35 public holders on $2.40bn. Seven addresses active in 30 days. Unchanged from 9 Oct.,"Accruing NAV, not a flat $1 token. Path risk sits in Teller liquidity and banking-day cut-off.",RWA.xyz as of 10 Oct 2026
2026-10-10,TWIN-Treasuries,OUSG,Watch,85,320000000,15,USDC / USD. Instant redemption pays USDC.,"Saturday. Non-instant 16:00 ET window is closed. Instant USDC path remains, cap-bound.","Primary T+1 closed until Monday. Instant USDC only, until the cap binds.",Instant-only,Tight. 85 public holders on $320m. 15 addresses active in 30 days (16 on 9 Oct). Stacked twin unchanged.,"NAV token. Additional layer: OUSG is a claim on other tokenized funds, so twin risk is stacked.",RWA.xyz as of 10 Oct 2026
2026-10-10,TWIN-Credit,JAAA,Watch,37,588000000,39,USDC via the Centrifuge app.,Saturday. Daily Centrifuge app window is closed until Monday. Underlying credit hours are not this window.,"Primary closed until Monday. No issuer instant rail stamped. Do not list Morpho, Aave, or a secondary book as the exit.",Closed,Tight. 37 public holders on $588m. 39 addresses active in 30 days. Unchanged from 9 Oct.,Path. Token versus the listed AAA CLO. No spread stamped.,"RWA.xyz as of 9 Oct 2026, printed 10 Oct"