Cryptocurrencies backed by physical assets🪙, after the drop that the market suffered on October 10, I took the task of researching which cryptocurrencies had no losses or had minimal losses, and I realized that the ones that lost the least were those called (Real World Assets RWA) or cryptocurrencies backed by physical assets that can be assets in:
✅Gold, like Kinesis gold which is equivalent to one gram of gold (not available on Binance) or Paxg which is equivalent to one ounce of gold.
✅Silver, like Kinesis silver which is equivalent to one ounce of physical silver (available in Binance web3 wallet).
✅Treasury bonds, projects like Ondo Finance, backed by quality assets such as BlackRock's institutional liquidity fund (USD Build), USDC, and bank deposits.
These coins allow small investors to access value refuges like (gold, bonds) with small amounts instantly.
And these coins managed to handle losses since while Bitcoin and the rest of the market suffered drops between 7% and 13%, gold tokens showed their value as refuge and stability assets, and the truth is that these tokens, depending on physical assets, serve us as tools for diversification and stability.
Although it is always important to be clear that we must research and review audits to avoid scams.
Do you already invest in any RWA? What do you think will be the next asset to be tokenized?
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