IMF data drop: Tokenized repos doing $300B-$350B daily
Sounds big until you realize traditional US repo market = $13T
That's 2-3% penetration max
Why so small? Fragmented infra + liquidity thinner than your patience during a bear market
TLDR: RWA narrative is real but we're still early AF. Most TradFi players still sitting on sidelines waiting for unified rails and deeper books
Bullish long-term but don't expect overnight flip
Sounds big until you realize traditional US repo market = $13T
That's 2-3% penetration max
Why so small? Fragmented infra + liquidity thinner than your patience during a bear market
TLDR: RWA narrative is real but we're still early AF. Most TradFi players still sitting on sidelines waiting for unified rails and deeper books
Bullish long-term but don't expect overnight flip