📊 RWA reality check:
$32.9B out of $60B in tokenized real-world assets recorded ZERO transfers last week
That's 55% of the entire market just... sitting there
Either:
• Institutions hodling long-term
• Liquidity is fake
• The narrative > actual usage
Tokenized treasuries and credit might be "the future" but right now most of it is dead capital with zero velocity
RWA bulls need to explain why half the market doesn't move
$32.9B out of $60B in tokenized real-world assets recorded ZERO transfers last week
That's 55% of the entire market just... sitting there
Either:
• Institutions hodling long-term
• Liquidity is fake
• The narrative > actual usage
Tokenized treasuries and credit might be "the future" but right now most of it is dead capital with zero velocity
RWA bulls need to explain why half the market doesn't move