South Korea's M2 money supply month-on-month rate for May

"Title: Pioneering Peer-to-Peer Lending in the DeFi Revolution" "Written by: Paul Veradittakit, Partner at Pantera Capital" Compiled by: Chris, Techub News Morpho is surpassing traditional protocols such as Compound and changing the DeFi landscape, showcasing the power of its innovative lending model. Initially using Morpho Optimizers for direct peer-to-peer credit limits, Morpho has now expanded to include Morpho Blue, which adopts a point-to-pool model that combines the best of both worlds to improve efficiency.

The first-generation DeFi with the first-mover advantage is still evolving.

The RWA sector has rapidly developed, with the total value of on-chain real-world assets reaching $19.53 billion and an annual growth rate of 108%. The new public chain Converge is about to launch, Sky has announced a $1 billion tokenization competition winner, DigiFT has launched a tokenization index fund, and institutions like Fidelity and BlackRock are actively positioning themselves. In the future, RWA is expected to play a greater role in the global financial system.

As 2025 approaches, how does encryption VC view market opportunities and future trends? As the New Year bell is about to ring, the encryption industry welcomes a new development node. In 2024, the market experienced recovery, innovation, and adjustment, with leading projects continuously consolidating their positions and emerging sectors quietly rising, laying the foundation for the future. Throughout the ups and downs of this year, VC, as a barometer of industry development, not only witnessed the changes in the market but also shaped the direction of the industry at the intersection of capital, community, and technology. Standing at the starting point of 2025, we invited more than a dozen top VCs to share their observations and thoughts on the encryption industry. They reflected on the highlights of the past year, analyzed the opportunities and challenges in the current market, and made predictions about future development trends. In this rapidly changing field, which projects and tracks are becoming the focus of VCs? Let's step into the VCs' perspective and explore the "yesterday and today" of the encryption industry.

The usual.money project innovatively combines real-world assets (RWA) with decentralized stablecoins by introducing US Treasury bonds as collateral, to enhance transparency and security, and promote the development of the stablecoin market. The project was launched in 2024, has secured $7 million in funding, and achieved a lock-up position value of $146 million.