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BlackRock's tokenized money market fund, BUIDL, has distributed a cumulative $100 million (KRW 143.4 billion) on-chain based on U.S. Treasury yields as of the 30th, demonstrating the practical usability of tokenized securities.
BUIDL's success, which began on Ethereum (ETH) and expanded across multiple blockchains, is seen as a signal among institutional investors that tokenized financial infrastructure can operate at scale.
2. China allows interest on digital yuan
The People's Bank of China (PBOC) announced on the 30th that it will allow commercial banks to pay interest on digital yuan (e-CNY) wallet balances starting January 1 next year, transforming the central bank digital currency (CBDC) into a deposit-based currency.
The move is seen as a national strategy to strengthen cross-border payments and store-of-value capabilities, and as a sign of China's expansion of its digital currency, in contrast to the US, which has banned CBDCs.
3. RWA enters the top ranks of DeFi TVL.
As of the 29th, the Real Asset Tokenization (RWA) protocol has surpassed decentralized exchanges (DEXs) to become the fifth largest category in DeFi with a total value locked (TVL) of approximately $17 billion (KRW 24.378 trillion).
Analysts say the proliferation of tokenized U.S. Treasuries and individual credit, coupled with improved interest rate environment and regulatory clarity, is elevating RWAs beyond the experimental stage and into core DeFi infrastructure.
Reporter Jeong Ha-yeon yomwork8824@blockstreet.co.kr
