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Solana's $2.5b RWA Stack: From Meme Coins To Institutional Finance
Solana's real-world asset ecosystem crossed $2.5 billion in total value locked this week, up from $215 million a year ago, as the Solana Accelerate conference on May 5 produced a set of institutional product launches: State Street and Galaxy's SWEEP tokenized liquidity fund, Anchorage Digital's cashless stablecoin reserve model with J.P. Morgan, and Western Union's USDPT stablecoin issued on Solana. The network now accounts for 58% of deposits in dedicated RWA lending platforms, with $1.59 billion of that total in tokenized Treasuries. In this issue, we examine the composition of Solana's RWA stack, the mechanics of ... (full story)
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