Injective Labs’ Post

Tokenized treasuries brought $1.2B on-chain in the last 4 months. The BlackRock BUIDL Fund alone accumulated over $527M since its launch, showcasing the potential of tokenized assets in traditional finance. Injective is leading this revolution, powering major asset tokenization platforms. Here’s what happened in just the last few days: 🏦 On Monday, Ondo Finance launched USDY on Injective. USDY is a tokenized note secured by short-term U.S. Treasuries and bank demand deposits, designed to provide the utility of a stablecoin with the added benefit of U.S. dollar-denominated yield. 🏔 By Wednesday, Injective onboarded USDM, issued by Mountain Protocol, is the first permissionless yield-bearing stablecoin, backed by U.S. Treasury Bills. It provides holders with secure, regulated access to a stablecoin that also incorporated BUIDL into USDM reserves in June. 💹 Injective’s advanced capabilities as the only L1 built for finance, including the world's first RWA module, make this possible. The RWA module uniquely enables institutions and users alike to launch new tokenized offerings with custom rule sets and parameters. Injective today also powers some of the most liquid on-chain products for commodities, FX and more with the help of its RWA module. This is just the beginning as Injective further converges traditional finance with the on-chain world.

The Injective Builder House kicked off with a keynote by Injective Labs co-founder and CEO Eric Chen. The session covered the history of Injective, the core components powering the only specialized L1 for finance, modules which developers can use to rapidly create innovative dApps and Injective’s extraordinary growth story over the past year. A few major points include: 1️⃣ Injective has pioneered a shared liquidity network that allows any developer to tap into institutional grade liquidity from day one 2⃣ Injective's core modules (ex: on-chain orderbook, oracle, smart contracts, etc.) allow anyone to launch dApps 20X more quickly than on any other chain 3⃣ Thanks to the ever growing Injective ecosystem and vibrant community, the blockchain has grown to be one of the largest in all of crypto. A few interesting stats include: -Average Daily Transactions up 411% -Total On-Chain Wallets up ~36X -Injective TypeScript Downloads up 285% 4⃣ Injective powers the most liquid markets for real world asset products such as on-chain Euros, Gold and more. Both everyday users and institutions can access RWAs on chain more seamlessly than ever before, unfettered by fees, delays or general access bottlenecks. 5⃣ Injective's ecosystem today spans all of Web3 finance which includes DeFi, RWAs, NFT Fi, GameFi, trading, lending and more. Developers are able to create innovative new protocols faster than ever using Injective’s plug and play modules alongside its shared liquidity. These applications could not possibly have been created outside of Injective. Injective is enabling unprecedented value unlock for users, institutions and more on a daily basis now thanks to its groundbreaking technological breakthroughs that are redefining the world of finance.