Gate News reports that on March 8, data from RWA.xyz shows that the total on-chain value of tokenized real-world assets (RWA), excluding stablecoins, has surpassed $25 billion, nearly quadrupling from approximately $6.4 billion a year ago. Currently, six asset classes have on-chain volumes exceeding $1 billion, including U.S. Treasuries, commodities, private credit, institutional alternative investment funds, corporate bonds, and non-U.S. government debt. The data also indicates that only 12% of RWA-backed stablecoin supply has entered DeFi protocols.
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