Odaily News The RWA protocol TVL has reached $7.3 billion, up more than 200% year-over-year, with Usual Protocol and Hashnote USYC leading with approximately $1.48 billion in TVL respectively.
Hashnote is a regulated digital asset management platform that offers innovative investment strategies, while Usual Protocol is a decentralized stablecoin issuer that tokenizes RWA and redistributes value to users through governance tokens.
The composition of RWA TVL has shifted significantly to government securities, which now account for about two-thirds of the total RWA TVL, up from 36% a year ago. Analysts believe that this shift indicates that investors have growing confidence in compliant, government-backed digital assets, and that the market is maturing as protocols focus on traditional financial instruments. (The Block)