{"id":18422,"date":"2025-03-21T10:16:56","date_gmt":"2025-03-21T10:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18422"},"modified":"2025-03-21T10:16:56","modified_gmt":"2025-03-21T10:16:56","slug":"real-world-assets-cross-10-billion-in-total-value-locked-defillama","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18422","title":{"rendered":"Real-World Assets Cross $10 Billion in Total Value Locked: DeFiLlama"},"content":{"rendered":"
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Real-world assets (RWAs) are now a $10 billion category, according to data curated by DeFiLlama<\/a>, with Maker, BlackRock’s BUIDL and Ethena’s USDtb each accounting for more than $1 billion in total value locked (TVL).<\/p>\n

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Of the three, USDtb \u2014 a stablecoin designed to contrast with Ethena’s USDe \u2014 has had the fastest growth, adding over 1,000% in TVL in the last month.<\/p>\n

USDtb is backed by tokenized BlackRock money-market fund shares whereas USDe <\/a>uses crypto-assets and perpetual futures strategies for crypto-driven yields.<\/p>\n

CoinDesk previously reported<\/a> that Treasury-backed tokens reached a record $4.2 billion market cap in the first quarter, driven by growth in Ondo Finance’s OUSG and USDY tokens, BlackRock and Securitize’s BUIDL, Franklin Templeton’s BENJI and Superstate’s USTB.<\/p>\n

Treasury-backed tokens dominate, according to data aggregator RWA.xyz<\/a>. The next highest category, tokenized commodities, comes in at $1.26 billion, with Paxos Gold leading with TVL of just over $500 million.<\/p>\n

Analysts say this reflects investor preference for safer assets amid bearish crypto sentiment, with T-bills outperforming what’s offered for yield with major DeFi protocols like Compound<\/a>.<\/p>\n

Read more: RWA Tokenization: What Does It Mean to Tokenize Real-World Assets?<\/a><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Real-world assets (RWAs) are now a $10 billion category, according to data curated by DeFiLlama, with Maker, BlackRock’s BUIDL and Ethena’s USDtb each accounting for more than $1 billion in total value locked (TVL). Of the three, USDtb \u2014 a stablecoin designed to contrast with Ethena’s USDe \u2014 has had the fastest growth, adding over […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18422","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18422"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18422\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}