RWA agreement TVL increased by more than 200% year-on-year to US$7.3 billion, with government securities accounting for two-thirds

Odaily Planet Daily reported that the RWA protocol TVL has reached US$7.3 billion, a year-on-year increase of more than 200%. Among them, Usual Protocol and Hashnote USYC lead with a TVL of approximately US$1.48 billion respectively. Hashnote is a regulated digital asset management platform offering innovative investment strategies, while Usual Protocol is a decentralized stablecoin issuer that tokenizes RWA and redistributes value to users through governance tokens. The composition of RWA TVL has shifted significantly towards government securities, which now account for approximately two-thirds of total RWA TVL value, up from 36% a year ago. Analysts believe that this shift demonstrates growing investor confidence in compliant, government-backed digital assets and indicates that the market is maturing as protocols focus on traditional financial instruments. (The Block)