Originally published on: October 29, 2024
According to a recent announcement on Oct. 28, Solayer and OpenEden are leading the way in bringing tokenized assets to the masses. The sUSD stablecoin is just the beginning of Solayer’s plans to tokenize various real-world assets on the Solana platform. With just $5, anyone can now access tokenized assets, starting with US Treasury Bills.
Solayer is known for its Solana-based restaking protocol, while OpenEden specializes in RWA tokenization. The sUSD protocol operates as a request for quote marketplace, where users can deposit USD Coin (USDC) and be matched with a variety of tokenized assets to receive sUSD, dubbed as a liquid RWA token (LRT).
As the market for tokenized RWAs continues to grow exponentially, with predictions suggesting a 50-fold increase by 2030, the demand for stablecoins and yield-bearing assets is on the rise. Companies like Solayer and OpenEden are at the forefront of this innovative trend, offering users the opportunity to access new financial opportunities with confidence.
With the launch of sUSD, Solayer and OpenEden are reshaping the stablecoin landscape and paving the way for a new era of tokenized assets. Stay tuned for more developments in this exciting space as the market continues to evolve.
