2026-01-18 15:24:41

On-chain tokenized government bonds have already surpassed $16.7 billion in scale and are becoming a core collateral in the DeFi ecosystem. This is no longer just an experimental phase.

When a compliant fund's BUIDL product exceeds $2 billion in assets under management, the role of the entire RWA market is fundamentally changing. From a simple yield tool, it has upgraded to a backbone of financial infrastructure—DeFi's foundational collateral.

But this also means the game rules have changed. On-chain government bonds no longer just need liquidity; they require identity verification, asset tracing, and audit credibility. In simple terms, collateral must carry "background information," not just a price tag.

Infrastructure networks like HBAR and IOTA are redefining all of this. Especially IOTA, which, through its trust framework and transaction infrastructure, anchors tokenized assets to verified issuers, certified data, and compliant workflows. What does this mean? Collateral itself carries information and credit.

DeFi is treating on-chain government bonds like T-bills. Networks that can adapt to real financial rules—building credit foundations, data certification, and risk management processes—are the key players of the future. IOTA is guiding RWA onto a regulated financial track, making it truly a core support for DeFi.

HBAR-1.6%

IOTA-2.34%

RWA0.93%

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BlockchainNewbie

· 6h ago

$16.7 billion has broken through the circle now, RWA is really no longer a toy, rules need to be followed. IOTA is indeed playing chess this time, with trust frameworks + compliance processes—this is the right path for on-chain finance. By the way, only collateral that can pass identity verification is truly valuable.

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NftRegretMachine

· 6h ago

Wait, 16.7 billion, is that real? Feels like two years ago they were still bragging, and now it's really becoming infrastructure? IOTA's move this time is indeed impressive, directly writing credit information into collateral, which is a smart approach. But honestly, as soon as regulation tightens, these "background information" can become worthless in minutes. Will human financial rules really work when on-chain? I remain skeptical. Has BUIDL really broken 2 billion? Or is it just another round of narrative hype... This time it's not just a simple upgrade of yield tools, but truly laying the groundwork. However, if RWA really becomes the pillar of DeFi, the risks would probably double. It sounds good, but ultimately it still depends on who can handle regulation well. 16.7 billion sounds like a lot, but in the entire crypto market, it's just a drop in the bucket. I'm curious about HBAR's role here; it doesn't seem to have as strong a presence as IOTA. Talking about regulated financial tracks sounds nice, but in real operation, there are definitely a lot of pitfalls.

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probably_nothing_anon

· 6h ago

167 billion is really not small; it feels like RWA is about to break through the mainstream this time. If on-chain government bonds continue like this, they will ultimately revert to traditional finance practices—identity, auditing, credit... there's no way around it. IOTA's approach is quite interesting—writing information and credit directly into the collateral? That makes sense. --- Again, with IOTA and HBAR, it seems like the infrastructure layer is competing for dominance. --- Basically, DeFi is starting to learn from TradFi, but with more transparency—that's the long-term strategy. --- Wait, collateral with background information... does that mean privacy is gone? Is no one discussing this issue? --- 20 billion BUIDL can change the entire RWA market positioning, so how much of the current 167 billion is actually real? --- Rules have changed, which is good. On-chain assets without identity verification are inherently risky bombs.

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YieldWhisperer

· 6h ago

Wow, $16.7 billion? Is this really going mainstream? IOTA's trust framework this time is pretty impressive; finally, someone is making on-chain finance look somewhat legitimate. Regarding RWA, just waiting for someone to build a solid underlying credit system. We're still in the early stages.

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SchrodingerWallet

· 7h ago

Oops, 16.7 billion has broken through the ceiling. RWA is no longer just a toy. Wait, just having government bonds isn't enough. Now you need an ID card to be collateral? Isn't this turning on-chain into a bank's approval process? IOTA is really building the infrastructure framework for DeFi. Credit is no longer just a pure digital game.

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LightningWallet

· 7h ago

167 billion US dollars in US debt, this time it's really not a joke anymore, on-chain finance is officially entering the scene. RWA has truly shifted from a yield toy to infrastructure, and now it even requires ID verification, which is quite interesting. IOTA's move is impressive, directly writing credit into collateral, essentially making assets speak for themselves. Wait, does this mean that smaller, non-compliant coins will find it even harder to raise funds? On-chain government bonds have become standard components, and DeFi is finally learning to dress properly. Are people genuinely trusting this market now, or just waiting for the bubble to burst? I honestly can't tell the difference. The analogy of a load-bearing wall is brilliant, indicating that this thing can no longer be casually moved. Who will survive in the end, IOTA or HBAR? It's still too early to pick sides now. 167 billion is just the beginning; it feels like there's still a lot of room for imagination ahead.

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