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PANews reported on March 24, according to Velo Protocol analysis, the RWA sector performed strongly in 2025, growing by 237% within the year and doubling its total market value to $19 billion. This was mainly driven by private credit, with both the number of holders and activity reaching historic highs. At the same time, the total value of stablecoins reached $225 billion. As of March 24, 2025, the top five RWAs by market value included: BlackRock's $BUIDL at approximately $1.5 billion (the largest RWA)Hashnote's $USYC (acquired by Circle in 2025) at about $800 millionTether Gold's $XAUT at around $750 millionFranklin OnChain's $BENJI at roughly $700 millionPaxos Gold's$ PAXG at approximately$650 million.

The Federal Reserve announced a slowdown in tapering, causing Bitcoin to rebound by more than 5% from below $83,000, briefly breaking through $87,000. Analysts at QCP Capital pointed out that traders' sentiment is turning bullish as call options become more expensive or there is higher demand than put options, contrasting with the situation earlier this week. However, Amberdata's Director of Derivatives Greg Magadini believes macro uncertainties still exist and option skewness may turn bearish again. (Note: The so-called "skewness" refers to the difference in volatility between put/call options in the options market).