According to @julian2kwan, daily redemptions are the key to unlocking trillions of dollars in private credit and asset RWAs, as simply putting assets on-chain does not deliver product-market fit by itself. Source: @julian2kwan on X, Oct 22, 2025. He states the real competition is to offer high-yield RWA tokens backed by brand-name institutions that allow investors to enter and exit daily, making liquidity the decisive feature. Source: @julian2kwan on X, Oct 22, 2025. He adds that tokenized treasuries and money market funds achieved the first scalable product-market fit precisely because of daily liquidity. Source: @julian2kwan on X, Oct 22, 2025. He notes stablecoin holders prioritize both yield and flexibility, reinforcing that daily liquidity design drives adoption for RWA products. Source: @julian2kwan on X, Oct 22, 2025. He further says most private credit offerings impose minimum terms of three months, typically twelve months, and that IxsFinance is working with major institutions to enable investors to invest and divest daily on its platform. Source: @julian2kwan on X, Oct 22, 2025.

According to the source, onchain tokenized real-world assets reached $32B with private credit accounting for 53 percent, indicating a shift toward higher-yield segments beyond Treasuries that can reprice risk and returns across RWA protocols (source: X post dated Oct 2, 2025). Historically, RWA income has driven a majority of protocol revenue for MakerDAO, influencing DAI stability fees and onchain yields, which links RWA growth to demand for stablecoin and DeFi carry trades (source: MakerDAO transparency and revenue reports). A larger private credit mix typically raises spread yields and credit risk, affecting loan books and utilization on platforms like Maple Finance and Centrifuge, which can widen lending APYs and risk premia for RWA-linked tokens during risk-on and risk-off shifts (source: Maple Finance protocol documentation; Centrifuge documentation). Expansion of tokenized funds on Ethereum such as BlackRock iShares BUIDL increases onchain settlement activity and can impact ETH fee burn and staking revenue during periods of elevated usage, tying RWA flows to ETH network metrics that traders monitor for basis and gas-sensitive strategies (source: BlackRock iShares BUIDL fund materials; Ethereum Foundation EIP-1559 documentation). Traders often track ONDO, MPL, CFG and ETH for volume, funding, and basis changes when private credit share rises in the RWA stack, given these assets direct linkage to tokenized credit rails and Ethereum settlement (source: Ondo Finance documentation; Maple Finance documentation; Centrifuge documentation).

According to @JKronbichler, traditional private credit in DeFi faces mismatches such as long timelines, non-real-time NAV marks, and lengthy redemptions that undermine liquidity (source: @JKronbichler on X, Sep 7, 2025). According to @JKronbichler, PayFi aims to make private credit DeFi-compatible by delivering sustainable real-world yield that recycles in days instead of months while maintaining high liquidity (source: @JKronbichler on X, Sep 7, 2025). According to @JKronbichler, the first PayFi pool is coming up and the post explicitly mentions $CPOOL (source: @JKronbichler on X, Sep 7, 2025).

According to Julian Kwan, the company has secured new yield channels by utilizing tokenized treasuries, Money Market Funds (MMF), and is planning to introduce private credit soon. Additionally, strategic partnerships with centralized exchanges (CEX) in Singapore, the Philippines, and Indonesia now provide access to 25 million KYC-verified users, with further expansion into LATAM and other jurisdictions expected. These initiatives enhance liquidity, distribution, and trading opportunities for crypto investors, supporting market growth and diversification. Source: Julian Kwan.

According to @nic__carter, the tokenization of financial assets is entering a new growth phase beyond its initial success with stablecoins, which have proven product-market fit for payments and as trading pairs for assets like Bitcoin (BTC) and Ethereum (ETH). Carter identifies structured credit and private funds as the next major frontiers, arguing that tokenization offers significant improvements in transparency, efficiency, and liquidity for these complex assets. This view is supported by analysis from Standard Chartered, which states that future growth in non-stablecoin Real-World Assets (RWA) will come from tokenizing assets that gain clear on-chain advantages, such as reduced costs and faster settlement. Standard Chartered specifically highlights tokenized private credit, private equity, and liquid off-chain commodities as the next key growth areas. Both sources acknowledge that regulatory hurdles, particularly inconsistent Know Your Customer (KYC) rules, remain a significant barrier to mainstream adoption.

According to The Kobeissi Letter, US companies' 30+ day delinquencies surged to $29 billion in Q4 2024, marking the highest level in at least eight years. This increase reflects a rise of approximately $8 billion, or 38%, over the last five quarters. Notably, this figure excludes loans from direct lenders and private credit, suggesting potential additional risk exposure not captured in the reported data.

According to @jessepollak, there is an opportunity to earn over 10% yield fully on-chain through private credit. This indicates a trend where decentralized finance (DeFi) platforms are increasingly offering competitive yields compared to traditional finance, which could attract more institutional and retail investors seeking high returns. This information is crucial for traders looking to diversify their portfolios with DeFi products that offer higher yields. Source: @jessepollak