Multipli launched their new rwaUSD, what does it mean and how does it work?
you can deposit various real world assets like:
PAXG = tokenised gold from Paxos
xAUT = tokenised gold from Tether
then it gets turned into rwaUSD that can be deployed in defi and earn additional interest based on your previously idle tokenised gold tokens.
since launch, @multiplifi almost instantly got $50 million in additional TVL locked on their platform bringing the total to $110 million in total value.
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