RWA On-Chain Market Cap Grows 5.10% This Week, Private Credit Loans Reach $16.01 Billion

RWA on-chain market cap sees a 5.10% increase, while private credit loans hit $16.01 billion, with a 9.75% average interest rate.

201d ago

Summary

The total market cap of RWA on-chain rose by 5.10% this week, accompanied by a 9.91% increase in the number of holders. Additionally, private credit outstanding loans reached $16.01 billion, with an average interest rate of 9.75%.

Terms & Concepts

RWA on-chain: Real-world assets (RWA) on-chain refers to the tokenization of physical assets or financial instruments on blockchain platforms.
Private credit loans: Private credit loans are non-bank loans issued to businesses or individuals, often by private investors or firms, rather than traditional financial institutions.