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Decentralized Finance (DeFi) is poised for significant growth, driven by Real-World Assets (RWAs) and stablecoins. RWAs, which have already reached a market cap of $2.7 billion in Q1 2024, are projected to surge to $16 trillion by 2030. This growth is attracting attention from traditional financial (TradFi) giants. The success of RWAs hinges on the effectiveness of oracle data feeds, which are crucial for accurate and transparent financial transactions. Meanwhile, stablecoins, including initiatives like WSPNpayment's Stablecoin 2.0, are facilitating approximately $2 trillion in annual payments, contributing to the rapid expansion of the payment ecosystem. Blockchain technology is enhancing efficiency and transparency in private credit markets, exemplified by companies like Figure with its Figure Connect platform.
Private credit has become the flagship RWA product. Blockchain technology enhances efficiency and transparency in the traditionally opaque market. @10TFund portfolio company @Figure exemplifies this shift towards tokenization with its recently launched Figure Connect, whereā¦ https://t.co/cYaVYu8TbM
š¦ Did you know that stablecoins are already powering ~$2T in payments annually? An open payment financing network is going to help grow the entire payment ecosystem faster. #PayFi #RWA https://t.co/0OOC2z5BZT
RWA Oracles: The Make-or-Break for DeFiās $16T Opportunity RWAs are making noise - $2.7B market cap in Q1 2024, projected to explode to $16T by 2030. Big names in TradFi are sniffing around, but this isnāt a free ride. The spotlight? Oracles. These data feeds are theā¦ https://t.co/5BczpEGYpy