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Tokenization of Real-World Assets Emerges as 10th Largest Sector in DeFi, Driven by Rising Adoption of RWA Protocols and Tokenized US Treasuries

Real-world asset (RWA) tokenization has gained significant traction in recent years, with RWAs emerging as the 10th largest sector in DeFi based on protocols tracked by DeFi Llama. The rise in the ranks of RWAs as a sector is a testament to the increasing adoption of RWA protocols, with stUSDT being a major factor catalyzing the trend. Tokenized US Treasuries have gained prominence in the RWA sector, with the tokenized treasury market holding an approximate value of $603 million.

Tokenized assets are estimated to be a $16 trillion market by 2030, with RWA's adoption being fueled by the emergence of Central Bank Digital Currencies (CBDCs), tokenized assets in gaming, and blockchain-based payments on social media.

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