Traditional financial returns are getting lower and lower, with bank fixed-term deposit rates hitting the floor. Many people are starting to turn their attention to on-chain options, but crypto financial products are too volatile, with sudden 50% surges and drops. Is there a way to earn stable, non-coin-price-dependent returns on the chain?

Recently, I came across a RWA platform on BNB Chain that brings US Treasuries and high-grade mortgage-backed securities onto the chain, allowing users in the stablecoin ecosystem to participate directly. It sounds a bit complex, but the logic is simple—your money isn't betting on coin prices, but rather benefiting from the cash flow of the real economy.

They have launched two main products. The first is anchored to short-term US Treasuries, with an annualized yield of up to 3.65%; the second is supported by AAA-rated mortgage-backed securities, with an annualized yield of up to 4.71%. Both are managed by institutional firm Janus Henderson, tokenized via Centrifuge, with Chainlink providing price feeds. From institutional backing to on-chain verification, the process is very standardized.

The beta phase has performed well. In a short period, TVL has exceeded $500,000. From another perspective, this indicates that the market is indeed hungry for products with "low risk + certainty of returns." Especially attractive to traditional investors—after all, everyone fears pitfalls, and a guaranteed 4%+ annualized return is more appealing than high-volatility 20%.

In addition to these two main products, there's a PSM pool as a supplement. The annualized yield fluctuates between 7% and 12%, mainly attracting traders who want higher returns but don't want to take on too much risk. It maintains its peg through seamless conversions between USDT and isUSD, with overall risk level simply being—low.

Getting started is also straightforward. Deposit USDT, buy a share, and it automatically starts earning. You can redeem at any time, with real-time net value updates. The platform's total value locked (TVL) is supported by $4.3 billion, a substantial scale with liquidity assured.

Honestly, the emergence of such products fills a gap. Investors who want to enter crypto but are afraid of volatility have always lacked a good place to go. Now, with this kind of option, the ecosystem becomes more complete.