Total Chain RWA Lockup Surpasses $10 Billion, USDtb Surges Over 1,000% in Recent Months

DeFiLlama data reportedly shows that the total lockup of real assets (RWAs) on the chain has exceeded $10 billion, with Maker, BlackRock's BUIDL and Ethena's USDtb each having a TVL of over $1 billion. USDtb, a stablecoin backed by BlackRock's cryptocurrency fund, has seen its TVL surge by more than 1,000 per cent in recent months, making it the fastest-growing project.