According to ChainCatcher news, as disclosed by IntoTheBlock on X, the share of real-world asset (RWA) protocols in the total value locked (TVL) of DeFi has reached 3.69%, a significant increase from 1.77% in July 2024. This steady upward trend indicates that RWA is gradually becoming more integrated into the DeFi ecosystem.

ChainCatcher news, stUSDT announced a partnership with ChainSecurity to conduct a comprehensive security audit of its smart contracts, and has published the complete security audit report and white paper on its official website. Based on the recommendations from the security audit, the stUSDT platform completed a contract upgrade on June 24 and has been closely monitoring the upgraded system to ensure all functions are operating normally. Meanwhile, stUSDT has officially released the complete security audit report and white paper on its official website.The security audit report provides a detailed account of the security audit results conducted by ChainSecurity, with no critical or high-risk vulnerabilities found during the review. The white paper comprehensively outlines the architectural design and governance structure of the stUSDT protocol, as well as the technological foundation that ensures the safety and reliability of user investments.It is reported that ChainSecurity is a top security audit company in Europe and the United States, having provided security audit services for well-known institutions or projects such as the Ethereum Foundation, Circle, Polygon, Uniswap, MakerDAO, Curve, Compound, Yearn, and Lido. stUSDT is the first rebase-based RWA protocol and is currently operating through the decentralized platform JustLend DAO. The stUSDT platform aims to bridge the gap between individual and institutional investors, as well as the crypto world and the real world, providing a fairer RWA investment channel for everyone. Currently, the total staking amount of stUSDT exceeds $271 million, with an APY of 4.64%.

ChainCatcher news, according to a post by Bitcoin.com on the X platform, the total market capitalization of tokenized government bonds has now exceeded $1.5 billion. Tokenized government bonds and real-world asset (RWA) protocols experienced significant growth in 2024. Since April, there has been a surge in demand for government bonds, bonds, and cash equivalents, including tokenized U.S. government bonds, leading to a 35% growth in the RWA sector.The total value locked (TVL) of key player in the RWA DeFi space, @OndoFinance, increased from $221 million to $507 million, while BlackRock's BUIDL and @FTI_US's FOBXX reported growths of 65% and nearly 27%, respectively.

ChainCatcher news, according to The Block, Ondo Finance announced that its USDY stablecoin will expand to Mysten Labs' Layer1 Sui blockchain. The company stated: This expansion will bring the first dollar-denominated native token to the Sui Network (including stablecoins and interest-bearing stablecoin alternatives). USDY is a tokenized note backed by short-term U.S. Treasury securities and bank demand deposits.

ChainCatcher news, the real-world asset (RWA) protocol Centrifuge has integrated with the Celo blockchain through the cross-chain interoperability project Axelar. The team stated, "After the integration, Centrifuge will introduce new assets to the Celo ecosystem, such as tokenized treasury bills and carbon credit pools. Centrifuge has joined the Celo real-world financial solutions network."

ChainCatcher news, according to official sources, the RWA protocol Ondo Finance's related organization, the Ondo Foundation, has initiated a proposal to unlock ONDO tokens. ONDO will serve as the governance token for Ondo Finance.According to the ONDO tokenomics, the total supply of ONDO is 10 billion tokens, with the distribution plan as follows: Community access sale: 198,884,411 (~2.0%); Ecosystem growth: 5,210,869,545 (~52.1%); Protocol development: 3,300,000 (33.0%); Private placement: 1,290,246,044 (~12.9%).It is reported that the Ondo Foundation was established in 2022 as an independently managed non-profit foundation company in the Cayman Islands. The foundation acquired the issuance rights of ONDO tokens from Ondo Finance. In mid-2022, the Ondo Foundation sold ONDO tokens to over 18,000 individuals through its subsidiary via CoinList.

ChainCatcher news, RWA protocol Ondo Finance officially announced that it has introduced its flagship products USDY and OUSG to the Solana network. USDY is a tokenized note backed by short-term U.S. Treasury bills and bank demand deposits, while OUSG is a wrapped product of BlackRock's short-term Treasury ETF.

ChainCatcher message, the RWA protocol Polytrade Finance is expected to launch the RWA Marketplace in December 2023, with the first phase focusing on creating discovery for all assets and establishing secondary trading for the collectibles asset class.

ChainCatcher news, the USDR issuer and RWA protocol TangibleDAO officially stated that the panic selling caused by the short-term redemption of DAI and the real estate liquidation timeline has led to a severe de-pegging of USDR. According to Coingecko data, on October 11, the real estate-backed, dollar-pegged stablecoin USDR (Real USD) has severely de-pegged, dropping to a low of $0.5, and the current USDR price has rebounded to $0.67.TangibleDAO also stated that to quickly restore the stablecoin price and user trust, a series of plans will be launched, including: the protocol-owned liquidity (POL) has been withdrawn from Pearl, USDR has been burned (the protocol cannot redeem it on its own), and as much as possible will be liquidated from the insurance fund. Existing liquid assets in the market and locked token positions will be sold. The remaining stablecoins from the POL and insurance fund sales will be provided to customers through the redemption process described below; a tokenized real estate pool will be launched, and after deployment, it will open for USDR redemption. TangibleDAO emphasized that once the above redemption process is completed, USDR will be deprecated.