Tokenized U.S. Treasuries just surpassed $600M!
Worth paying attention to the real-world assets (RWA) protocols.
RWA is one of the fastest-growing crypto sectors.
As in the 1970s, sharp US rate hikes have led to deposits flowing from regional banks to money markets as investors seek higher yields and inflation protection.
The difference is that now, projects like Amsara are democratizing global Treasury access through #RWA#tokenization.
@GuruXing Agreed that AI has potential long-term deflationary pressures, but this could be said for much of tech. I would argue that AI is continuing the productivity increases led by industrial automation in the 80s/90s and then software in the 90s/00s
@blockworks This could signal a 'reversion' to a time when financial institutions issued private monies - but now in digital form.
2 key Q's: (1) will regulation keep up to protect consumers; and (2) will DeFi issuers transition to fractional reserve banking like their TradFi peers did?
1/ Just published on Medium -
Introducing Amsara - the Real World Assets (#RWA) #DeFi platform for everyone. Check us out to learn more!
https://t.co/lvymZ0YYVP
See the below🧵for the summary: