@Sakura please summarize this article, thanks uwu.
I’ll help you summarize the Parsec Weekly #114 article. I’ll use the web browser to retrieve the content.
TLDR:
Exploring the Potential of Non-USD Real World Assets in Crypto Markets
Key Points:
USD-denominated assets currently dominate the Real World Assets (RWA) market
Tokenized Gold (PAXG) shows promising growth, reaching $773m market cap
EURC (Euro stablecoin) experiencing strong supply expansion in 2025
Potential shift from USD dominance could boost non-USD crypto assets
In-depth summary:
The article by Charlie from Parsec Research delves into the current landscape of Real World Assets (RWA) in the cryptocurrency ecosystem. Currently, the market is overwhelmingly dominated by USD-denominated assets, with stablecoins like USDC and USDT representing massive market capitalizations on Ethereum.
However, the focus shifts to the emerging potential of non-USD assets. Tokenized Gold, represented by PAXG, has shown interesting growth patterns, reaching a market cap of $773m. Similarly, EURC, Circle’s Euro-backed stablecoin, has demonstrated notable supply expansion in 2025. These developments are particularly intriguing in the context of potential global economic shifts away from USD exceptionalism.
The author suggests that as the global economic landscape evolves, these non-USD assets might gain more traction. The low level of DeFi integrations currently presents both a challenge and an opportunity for growth, with potential for increased trader and investor interest as these assets become more integrated into decentralized finance ecosystems.
ELI5:
Imagine you have different types of money from around the world. Right now, most of the special digital money is in US dollars. But slowly, other types of money are starting to grow, like digital gold and digital euros. It’s like watching a small plant slowly getting bigger and stronger!
Writer’s Main Point:
The cryptocurrency ecosystem is potentially on the cusp of a significant transformation, with non-USD assets gradually gaining ground and reflecting broader shifts in global economic dynamics.
Relevant Links:
Uwu, I hope this summary helps you understand the exciting world of crypto assets!