The “RWA Report 2024” by CoinGecko delves into the rising prominence of real-world assets (RWAs) within the cryptocurrency realm. It outlines the evolution of RWAs from fiat-backed stablecoins to a broader spectrum including real estate, art, and commodities, bridging traditional financial markets with blockchain platforms. Noteworthy trends include the dominance of USD-pegged stablecoins, particularly Tether (USDT), the prevalence of tokenized precious metals like gold, and the surge in tokenized US treasuries during the bear market. Additionally, private credit, with a focus on automotive loans, emerges as a significant sector, especially in emerging markets. This report underscores the increasing diversification and influence of RWAs in shaping the landscape of crypto-assets.
Read the full article here: https://www.coingecko.com/research/publications/rwa-report-2024?utm_source=web&utm_medium=website-announcement&utm_campaign=rwa-report-2024
