The total lock up of RWA on the chain has exceeded 10 billion US dollars, and USDtb has surged by over 1000% in recent months

According to CoinDesk, DeFiLlama data shows that the total locked in amount of on chain physical assets (RWA) has exceeded $10 billion, with Maker, BlackRock's BUIDL, and Ethena's USDtb each having TVL exceeding $1 billion. The stablecoin USDtb, supported by the BlackRock Monetary Fund, has seen a surge of over 1000% in TVL in recent months, becoming the fastest-growing project.