+60% RLUSD volume in a month @RWA_xyz data
Growth in supply is nice, but velocity is the real signal. When the same dollar moves more frequently, the network is doing more economic work per unit of liquidity.
Velocity is adoption you can measure.

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Any econ students or grads here? 👀
$RLUSD volume is up 60% month over month, and all I can think about is Fisher’s equation of exchange:
M × V = P × Q
Supply is M. Volume is a proxy for V. When velocity rises, the same unit of money does more work across the economy.