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

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.