On May 1, Messari said in a report that TVL for RWA agreements had soared to nearly $8 billion as of April 26. According to it, RWA agreements have witnessed a "significant recovery" over the past year, with growth in the sector driven by "market preference for debt-based, high-yield investments".
Notably, the nearly $8 billion TVL excludes fiat-backed stablecoins such as USDT and USDC, which cover carry trade agreements, underwriting, income stablecoins, commodities, securities, and real estate tokenization agreements.
Since February, RWA TVL has surged by nearly 60%.
Messari: RWA protocol TVL nears $8 billion, up nearly 60% since February
2024-05-01 03:54:49
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