POPA Recon🥇RWA is the next crypto liquidity outlet (Wintermute) source
🥇RWA is the next crypto liquidity outlet (Wintermute) source 1. There was always a new line of money in the bull market. - Stable coins in 20-21 will be 120B per year. - ETF and corporate digital asset treasury will attract 63B and 115B in 24~25 years. - Now that the inflow of existing channels has slowed, on-chain RWA, excluding stablecoins, has tripled in one year to 30B. 2. However, RWA funds do not purchase coins. - Investors buy tokenized government bonds, MMFs, and stocks, not BTC. - Therefore, an increase in issuance amount does not lead to an increase in crypto prices. - What this me…
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