The Weekly Bull-etin: No. 14

Welcome to Mu Digital's Weekly Bull-etin! We are bringing you the latest news and insights into real world assets ("RWA"), tokenization, stablecoins and yield products in the Web3 and Decentralized Finance ("DeFi") industry. Follow us to keep updated!

Mu-sings from the Editor

Gm,

This week, the crypto world is abuzz with the implications of President Trump’s U.S. election victory. Speculation is rife about what this could mean for tokenized securities and the broader crypto markets. President Trump positioned himself as a pro-crypto advocate, including stated policies of incorporating BTC as a strategic asset in US reserves, blocking the creation of US CDBCs and establishing a crypto advisory council. Only time will tell what legislation is ultimately rolled out - but early sentiment is as positive as can be.

Meanwhile, the trend of traditional finance (TradFi) giants embracing blockchain technology continues unabated. UBS has joined the ranks of BlackRock and Franklin Templeton by launching a tokenized investment fund. This move highlights the growing confidence in tokenization as a transformative force in traditional finance.

On another front, the UAE is has seen remarkable adoption in stablecoin usage. New regulations have been integral to integrating stablecoins more deeply into the legacy financial ecosystem. The Middle East has making a strong push for crypto Founders to move to the region and a supportive regulatory regime will only support the case.

Until next time,

LA Yepez

What’s Mu?

1️⃣ Trump’s win and cryptocurrency: What that could mean for Bitcoin and crypto markets

2️⃣ UBS joins BlackRock and Franklin Templeton with tokenised investment fund

3️⃣ BNB Chain reveals no-code real-world asset tokenization service

4️⃣ UAE stablecoin usage up 55% YoY as new regulations drive market momentum

5️⃣ Standard Chartered and Ant International Complete First HKD Blockchain Transactions, Pioneering New Treasury Solutions

Charts of the Week

Onchain Yield Alternatives

AAVE yields increased to 8.53% this week, following crypto market recovery. US Treasuries and DAI yields remained stable, while ENA yields experienced a slight decline to 12%. In crypto bull markets, we typically see strengthening in native onchain yield sources.

DeFi TVL Trends

DeFi TVL up 9% over the past week to US$117 billion. RWA as a category remains stable, with TVL of US$5.2bn.

Tweet Time