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Emmauel
@vinhtuong
Binance: Monthly Market Insights - October 2024 > ETH issuance reached ~0.74% annually in September > Total on-chain RWAs are at all-time highs at US$12+B > wBTC holding over 65% of the market share > Check out key insights on wBTC, ETH Issuance, RWAs, and Crypto Hacks
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85cent
@salonpas
Total on-chain RWAs are at all-time highs at US$12+B (excluding the US$175+B stablecoin market). Private credit is the largest part of the market, accounting for about 70% of all RWA value at US$9.1B, largely attributed to a fintech company called “Figure”. Tokenized treasuries have also experienced explosive growth in 2024, growing from US$769M at the start of the year to over US$2.2B in September. This growth has likely been impacted by US interest rates being at a 23-year high (until the recent rate cut).
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