Off-chain collateral
A real-world-asset token is a claim on something that exists outside the chain: a Treasury bill, a bar of gold, a pool of loans. The token moves at crypto speed; the asset behind it does not.
Everything therefore depends on the issuer and the custodian. On-chain, the token is trustless; off-chain, someone has to actually hold the bar and actually honour the redemption. That is a legal relationship, not a cryptographic one.
Tokenized Treasuries are the category that has grown fastest, for an unglamorous reason: they pay a yield that on-chain dollars do not, and they settle in minutes rather than days.
| # | Coin | Price | 24h | 7d | Market cap | 24h volume |
|---|---|---|---|---|---|---|
| 31 | $4,387 | ▲ +1.2% | ▼ −4.4% | $2.69B | $330.4M | |
| 40 | $4,397 | ▲ +1.2% | ▼ −4.3% | $1.9B | $291.4M | |
| 43 | $0.3455 | ▲ +1.6% | ▼ −5.9% | $1.68B | $68.2M |
Market data as of 43 min. ago
| — | ChintaiCHEX | — | — | — | — | — |
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| — | Realio NetworkRIO | — | — | — | — | — |
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