Why are RWAs Needed?

Background

Market Skepticism and the Need for Reliable Asset-Backed Tokens

Recent events in 2022 and their ongoing effects in 2023 have eroded confidence in stable coins, highlighting the need for transparency and reliability in asset-backed tokens. Precious metals, particularly gold bullion, have long been regarded as safe havens in uncertain times. However, their traditional trading formats offer limited access and illiquid storage of value, hindering their market leverage.