Viewpoint: RWA tokenization may become a new liquidity pool under the growth narrative of the United States

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According to OKG Research, under the "America First" framework, the US market is seeking asset distribution mechanisms with higher liquidity, and RWA tokenization is becoming key. Currently, the tokenized T-bills market size is $4.55 billion, accounting for 24% of on chain RWAs, but only 0.2% of the US T-bills market. The liquidity layer of on chain assets (RWA+stablecoins) is $243.61 billion, accounting for 0.4% of the US stock and US Treasury markets. If the market penetration rate reaches 5%, the scale can increase to $2.8 trillion, becoming one of the most liquid asset markets in the world.

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