Decentralized finance (DeFi) protocols have seen a substantial decrease in the total value of assets locked (TVL) on them in recent months due to the current bearish sentiments saturating the market.

However, this decline has not impacted the Real-World Assets (RWA) subsector, which has experienced significant growth during the period, with its TVL  more than doubling, according to DeFillama data.

Per the data aggregator’s dashboard, RWA’s TVL has more than tripled within the last few months to over $1 billion from the $270.29 million recorded on June 1.

According to data from DeFillama, one project, Staked Tether (stUSDT), stands out as the driving force behind the remarkable growth in this subsector.

What is stUSDT?

stUSDT is the first RWA platform on the TRON network …