The Arbitrum Stable Treasury Endowment Program (STEP) committee has proposed to invest 35 million ARB in RWA, specifically, Proposed investment of 11 million ARB in BlackRock's BUIDL through Securitize, 6 million ARB in Ondo USDY and Superstate USTB respectively respectively, and Mou ntain USDM, OpenEden TBill and Backed Finance blB01 invested 4 million ARB respectively. STEP says that the allocation size is determined by the assets (AUM) of each project management board and is expected to invest 1% of Arbitrum funds into RWA annually. On July 1, the STEP committee will publish its proposal on Snapshot.

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