The Real-World Asset (RWA) market has grown to $216.6 billion, marking a significant increase from $20.81 billion to $21.66 billion in on-chain value over the past week. This growth reflects a 4.09% rise, with the broader RWA market rebounding from $282.68 billion to $350.08 billion, a 23.84% increase. User activity surged, with asset holders rising by over 17,700 to 637,807, a 2.86% growth. In the U.S., over 130 amendments have been submitted to the Senate's cryptocurrency market structure bill, focusing on stablecoin yield regulations and DeFi definitions. The bipartisan amendments will be discussed in a Senate Banking Committee session, with key proposals addressing stablecoin revenue and digital asset definitions. The outcome could significantly impact the regulatory landscape for cryptocurrencies in the U.S. Meanwhile, the New York Stock Exchange plans to launch a tokenized securities trading platform, integrating blockchain for 24/7 trading and instant settlements. This initiative aims to enhance trading efficiency and accessibility, potentially transforming the securities market landscape.
RWA Market Expands to $216.6B Amid U.S. Senate's Crypto Bill Amendments
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