BNB Chain’s RWA supply rises 24% to $4.96 billion, price tests $704 support

BNB Chain, one of the leading blockchain networks for decentralized applications and assets, reported a significant increase in tokenized real-world asset (RWA) supply during the third quarter, highlighting the network’s growing role in digital finance. According to a recent update, the total supply of RWAs on BNB Chain surged 24% to $4.96 billion over the period. The third-quarter data from BNB Chain showed robust growth not only in RWA supply but also across its lending markets. Deposits for loans reached $3.57 billion after climbing 42%, while borrowings increased by 33% to $940 million.

Source: CoinTurk News