Let’s talk about RWA, or real-world assets.
On-chain U.S. Treasury products are currently one of the more closely watched areas in RWA.
One thing worth thinking through: an on-chain ledger can only show who holds the tokens. Whether the real-world assets are actually there depends on audits and legal safeguards.
For “RWA” projects offering yields far higher than comparable Treasuries, first ask where the extra return comes from.
$ONDO is the token of Ondo Finance, which focuses on RWA products such as tokenized Treasuries.