rwas

According to data released by Sentora on platform X, 43.7% of the market value of active real-world assets (RWA) on Solana is deployed in DeFi lending, while this proportion on Ethereum is only 6.1%. Sentora stated that assets on Ethereum are idle, while assets on Solana are operating as collateral in an active credit market.

ChainCatcher message, Binance Earn launches RWUSD------a capital-protected yield product designed to track the yield performance of real-world assets (RWA) such as tokenized U.S. Treasury bonds. Users can now enjoy an annual percentage rate (APR) of up to 4.2% while holding RWUSD.Users can subscribe to RWUSD using eligible stablecoins (such as USDT or USDC), subject to the eligibility criteria in their region. After subscribing, users will receive an equivalent amount of RWUSD in their spot account at a 1:1 ratio, and Binance does not charge any subscription fees.Upon redemption, RWUSD will be exchanged for USDC at a 1:1 ratio, regardless of which stablecoin the user initially used for the subscription. Users can choose between "Fast Redemption" or "Standard Redemption," with corresponding fees applied at the time of redemption.

ChainCatcher news, according to a report released by Binance Research, the market value of on-chain real-world assets (RWAs, excluding stablecoins) has exceeded $12 billion, indicating sustained investor interest in the blockchainization of traditional assets. Among them, the tokenized U.S. Treasury market stands out, with a market capitalization exceeding $2.2 billion. BlackRock's BUILD fund has a market value of $520 million, while Franklin Templeton's FBOXX fund has a market value of $434 million.The report points out that the ongoing high interest rates in the U.S. have driven the rapid growth of the tokenized Treasury market, but as the Federal Reserve is expected to lower interest rates in the coming months, the attractiveness of these yield products may be affected. Additionally, on-chain private credit, tokenized commodities, and the real estate market are also growing, with the on-chain private credit market valued at $9 billion.

ChainCatcher news, according to The Block, the UK government submitted a bill to Parliament on September 11, aiming to officially define crypto assets (including NFTs and RWAs) as property. Minister of State for the Ministry of Justice, Heidi Alexander, stated that previously digital assets were not clearly defined within the property law framework in England and Wales, leaving asset owners in a legal gray area. If the bill is passed, it will introduce a third category of property in addition to the existing "real property" and "rights property," granting specific digital assets personal property rights.Alexander emphasized that the bill aims to maintain the UK's leading position in the global crypto space and attract more businesses and investments. Digital assets contribute £34 billion to the UK economy each year. The bill is a response to the UK Law Commission's 2023 report, which noted that while digital assets do not fall under real property or rights property, they should be regarded as property.

ChainCatcher news, according to Cointelgraph, the decentralized credit protocol TrueFi has launched the Trinity protocol, aimed at improving the capital efficiency of on-chain real-world assets (RWA). The new protocol will use the dollar-based TRI token, backed by collateralized assets, to make it easier for users to access leverage and hedge risks.