Business and Finance Business and Finance
Fri, March 21, 2025
[ Today @ 10:01 AM ] - Insider
Crypto.com Review 2025
[ Today @ 07:01 AM ] - Forbes
Betterment Review 2025
[ Today @ 06:42 AM ] - Politico
GOP plots a court crackdown
[ Today @ 06:40 AM ] - Vox
The case for conservatism

Maker RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance TVL surpasses $4 billion


Published on 2025-03-21 10:21:02 - Cryptopolitan
  Print publication without navigation

  • According to the decentralized total value locked (TVL) aggregator DefiLlama, the total Real World Tokenization (RWA) market has reached $10.2 billion in assets locked. Among the best-performing platforms are Maker's RWA,

The article from MSN discusses the rapid growth of tokenized real-world assets (RWA) in the cryptocurrency sector, highlighting that the total value locked (TVL) in RWA has surpassed $4 billion. This surge is attributed to several key players and initiatives:

  • BlackRock's BUIDL Fund: Launched on Ethereum, this fund has seen significant interest, with its TVL reaching $280 million shortly after its introduction. It aims to bridge traditional finance with blockchain by tokenizing assets like U.S. Treasury bonds.

  • Ethena's USDTb: This is a tokenized version of Tether (USDT) backed by short-term U.S. Treasury bonds, offering a yield-bearing stablecoin alternative.

  • Ondo Finance: Their tokenized U.S. Treasury products have also contributed to the RWA growth, providing investors with blockchain-based access to traditional financial instruments.

    The article notes that this trend reflects a broader movement towards integrating real-world assets into the DeFi ecosystem, potentially reducing the volatility associated with cryptocurrencies and attracting more institutional investors. The growth in RWA TVL signifies a maturing market where blockchain technology is increasingly used for real-world financial applications beyond just speculative trading.

    Read the Full Cryptopolitan Article at:
    [ https://www.msn.com/en-us/money/economy/maker-rwa-blackrock-buidl-ethena-usdtb-and-ondo-finance-tvl-surpasses-4-billion/ar-AA1BnZYq ]