According to BlockBeats, on October 16, OKX Ventures posted on social media that as Tether explores expansion into traditional finance and looks to provide loans to commodity traders, the RWA sector is gaining more and more attention. The total market value of on-chain RWA (excluding stablecoins) has reached $12.87 billion, up 55% since the beginning of the year. The number of users holding these assets has also increased by 30% to nearly 64,000 in the past four days. RWA's current asset allocation includes:
Private credit accounts for 71.3%
US national debt accounts for 17.5%
Commodities accounted for 8.1
· other
In terms of asset network allocation, Solana has grown the fastest, up 120% in the past 30 days to $133.69 million. Ethereum maintains its dominance with $2.88 billion, up 3.42% in 30 days. In addition, Sui has also attracted a lot of funds.
OKX Ventures said that the new interest rate cycle will become an important driver of stablecoin growth because it reduces the cost of funds for traditional financial funds to enter DeFi, providing more financial support for its accelerated development. As DeFi matures, the influx of these capitals will help enhance scalability and amplify returns through leverage, which means that even a slight drop in interest rates will have a significant impact.
At the same time, RWA innovations enable users to access more financial instruments without permission, allowing developers to leverage the underlying RWA to build infrastructure that unlocks new monetary layers. This creates more use cases and products for users. Leading DeFi protocols are supporting the introduction of new assets through more stable liquidity and secure collateral mechanisms, thereby enhancing the resilience of the DeFi ecosystem.
