加密狗
加密狗|Aug 30, 2025 07:00
After studying Plume's paper, it was discovered that it is addressing the final pain point - reshaping BTC's interest logic with RWA driven real returns Everyone knows that Bitcoin is the 'digital gold'. But the problem is: most of the $2.2 trillion BTC in the world is now lying in cold wallets and ETFs, doing nothing. It's like putting gold in a safe, it can preserve its value but won't make money. The question is: How do traditional lending and DeFi models make money? By issuing new currency subsidies and relying on internal circulation of funds. What was the result? Either foam, or risk concentration (such as Celsius and BlockFi explosion), or large scale gains will be diluted. Plume's approach is very different: After mortgaging BTC, it directly connects to the real economy off chain: Buy US Treasury bonds, money market funds, and earn interest Invest in institutional loans and RWA products to generate cash flow In this way, the revenue is not subsidized out of thin air, but comes from real cash flow. The risks are also spread across different protocols and assets, making them more transparent and secure. The most important thing is that the US Treasury and global markets are large enough, there is no ceiling, and they can withstand trillions of dollars worth of BTC. Simply put, BTC has transformed from a "dead asset" to a "living capital" through Plume's design. Upgraded from the previous' digital gold 'to' profitable digital capital '. This can not only support the financing and credit expansion of the RWA market, but also become an entry point for real returns, helping holders share the dividends of global economic growth; Promote the integration of DeFi and TradFi, making BTC a universal productive capital across chains, borders, and financial systems.
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