Messari: RWA protocol TVL approaches $8 billion, up nearly 60% since February

Messari said in a report that the TVL of RWA protocols had surged to nearly $8 billion as of April 26. According to it, RWA protocols have witnessed a “significant recovery” over the past year, with growth in the sector driven by “market preference for high-yield debt-based investments”. It is worth mentioning that this nearly $8 billion in TVL does not include fiat-backed stablecoins such as USDT and USDC, which covers carry trade agreements, underwriting, yield stablecoins, commodities, securities and real estate tokenization protocols. RWA protocol TVL has surged nearly 60% since February. (Cointelegraph)