The Real-World Assets (RWA) market is rapidly growing, reaching $26 billion by 2025, but with growth comes new risks that require careful management.
Who’s Leading in the RWA Market?
According to the Skynet RWA report, the RWA market features emerging digital assets, with the top 10 significant projects:
1. BlackRock BUIDL: Treasuries. 2. Franklin Templeton On-Chain Fund: Treasuries. 3. Ondo Finance: Treasuries + Yield. 4. Paxos Gold: Gold. 5. Tether Gold: Gold. 6. Binance RWUSD: Stablecoin. 7. Ethena USDtb: Stablecoin + Yield. 8. Centrifuge: Receivables. 9. Usual: Emerging Stablecoin. 10. SKY (MakerDAO RWA Vaults): RWA Aggregation Pool.
These projects share clear legal frameworks and high transparency standards.
What is the Value Proposition of RWA?
RWA acts as a bridge connecting blockchain finance with the real-world value. Key benefits include:
✅ 1. Unlocking real asset liquidity. ✅ 2. Providing stablecoins with 'real yield.' ✅ 3. Bridging TradFi and DeFi, thereby improving on-chain asset quality.
Risks and Safety Measures of RWA
The report highlights emerging risks that require attention. The most significant include:
* Rising technical risks on-chain, such as code bugs or oracle failures. * A shift from credit defaults to governance failures. * Development of CertiK's five-layer security strategy for risk assessment, covering legal, operational, and data levels.
The future of RWA looks promising, yet it brings increasing risks that require comprehensive management. The real-world assets market is actively evolving and significantly impacting the financial landscape of Web3.
