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20:09
Economists point out that the Middle East conflict is putting significant pressure on the South African economy, and the South African Reserve Bank has responded by raising interest rates.
The current turmoil in the Middle East is having a negative impact on many areas, including global energy supply and economic activity. According to economist Peter Bauer from the University of Johannesburg in South Africa, the country is already experiencing rising fuel prices and increased living costs. To cope with this inflationary pressure, the South African Reserve Bank has recently officially announced an interest rate hike to stabilize the economic impact caused by the rise in prices.
20:01
The total on-chain market capitalization of the RWA sector is $26.61 billions.
Jinse Finance reported on June 1 that, according to DefiLlama data, the total on-chain market value of the Real World Asset Tokenization (RWA) sector reached 26.61 billion USD. Among them:Tether Gold on-chain market value reached 3.196 billion USD;BlackRockBUIDL on-chain market value reached 2.981 billion USD;US Yield Coin on-chain market value reached 2.957 billion USD;
19:25
Chairman of the U.S. House Financial Services Committee Prioritizes Tokenization Policy
On June 1, after completing work related to stablecoins, Chairman Hill of the U.S. House Financial Services Committee has prioritized tokenization policy as a key focus.