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Real-World Asset (RWA) lending growth is driven by the tokenization of off-chain assets (such as real estate, bonds, and art) to bring them into decentralized finance (DeFi) for increased liquidity, transparency, and 24/7 trading. As of 2025, the sector is experiencing a boom due to high demand for stable, yield-bearing assets, with tokenized U.S. Treasuries and private credit leading the expansion.
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