Robinhood Chain total value locked climbed roughly 45% during August, even as tokenized real-world assets lost momentum, marking a notable shift in where on-chain capital is concentrating this month.Read more...
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Robinhood Chain experiences explosive growth of its TVL, which exceeds USD $540 million in August, driven mainly by the stablecoins, while the Tokenized RWA, presented as the case of flagship use, lose prominence. USDe’s boom contrasts with Robinhood’s own stablecoin, USDG. *** Robinhood Chain’s TVL reaches USD $540 million, an increase over 45% in August, while the Tokenized RWA represents only 6% of the total. The market capitalization of the …