THEDEFIPLUG
@TheDeFiPlug
Crypto Researcher on All Chains | L1, L2, L3 & Coin Expert.. building @Velvet_Capital
2.1K Following 52.2K Followers
Here’s something I think the market is overlooking.
Everyone talks about tokenized Treasuries because they’re the easiest part of the RWA category to follow.
But tokenized credit has quietly become the second-largest RWA category, ahead of commodities.
That changes where I think the next opportunity lies.
➢ Tokenized U.S. Treasuries: $14.81B distributed value
➢ Tokenized Credit: $5.91B distributed value
➢ Tokenized Commodities: $4.63B distributed value
Treasuries are becoming the default onchain cash asset.
Credit is where protocols start competing on underwriting, yield generation, and capital allocation.
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