Seeing that RWA has been boasting more and more recently, everyone is saying that the RWA track is de-trending and will be larger than Panzi in the future?
To say that RWA is like the iPhone in 2009 in this period, drawing premature conclusions is disrespectful to the times!
The narrative of rwa (real assets on the chain) is somewhat exaggerated, and many people have misunderstood rwa. The current rwa refers to the tokenization of U.S. debt!
I looked through history to see the narrative of rwa. It was also popular for a period of time in 17 and 18. There were many things like real estate on the chain, content copyright on the chain, luxury, etc., but later they were perjured by the market and left a lot of returns. Zero air currency, and a group of retail investors who are trapped!
Of course, some people have said that the scale of U.S. debt can reach 50 trillion U.S. dollars in the future. If RWA reaches 1%, the size will not seem small?
But that’s just a beautiful vision, the current situation is:
--The U.S. debt currently locked in centralized stablecoins is approximately ~96 billion
--Locked in MakerDAO ~1.2 billion
--Locked in OndoFinance ~$133 million
--Others can be ignored
The beautiful imagination about RWA is just a reason for speculation, and it will be difficult to implement it in the short term!
So you know that there is a reason for the hype but it is difficult to implement it. The RWA concept coin is the same as the previous AI concept coin. It is okay to speculate on MEME, but don’t brainwash yourself into thinking that this is the future of RWA, you will get beaten!
By the way, I took some time to help you sort out the currencies of this rwa track for your reference, saving you trouble yourself!
#Layer 1: (POlyx has a circulating market value of 120 million, omtong has a market value of 22 million u, and $RIO has a circulating market value of 1.36 million u)
Stablecoin: (#MKR Circulation market value 660 million u, RSR circulation market value 170 million u)
Synthetic assets: (#SNX Circulation market value 630 million u)
Real estate: ($TNGBL, $LABS with a circulating market value of 3 million u, $ELFI with a circulating market value of 1.01 million u, $THEO with a circulating market value of 2.65 million u, $BST with a circulating market value of 6.3 million u)
TraDFI: #TRADEhas a circulating market value of 5.1 million u, $FACTR has a circulating market value of 4.5 million u)
Private fixed income: (#TRU The circulating market value is 62 millionu, $MPL has a circulating market value of 51 millionu, $CPOOL has a circulating market value of 11 millionu)
Public fixed income: ($SMT circulation market value 4.1 millionu, $ONDO unknown, $ACQ circulation market value 1.25 millionu)
Credit: ($GFI circulation market value 16.1 millionu, $GFC circulation market value 87 millionu)
Carbon credit: (#PERL Circulation market value 14 million u, $KLIMA circulation market value 16.8 million u)
