RedStone Co-Founder: Banks Will Run RWAs on Just Two Key Blockchain Rails

Introduction: A Big Shift for Banks in Crypto

Big banks are entering the world of blockchain. They want to use it for real-world assets, or RWAs. RWAs are things like real estate, bonds, and stocks turned into digital tokens on blockchain. A co-founder of RedStone, a top oracle provider, says . This prediction could change how finance works. Let’s break it down in simple terms.

What Are RWAs and Why Do Banks Care?

RWAs mean tokenizing real assets on blockchain. Instead of paper contracts, you have secure digital tokens. This makes trading faster, cheaper, and open to more people.

• Real estate: Buy a piece of a building with $100.
• Bonds: Trade government bonds 24/7.
• Stocks: Fractional shares for anyone.

Banks love RWAs because they bring trillions of dollars on-chain. BlackRock and JPMorgan are already testing this. Tokenization could unlock $10 trillion by 2030, say experts.

RedStone’s Role in This Future

RedStone provides oracles. Oracles feed real-world data to blockchains, like prices or interest rates. Without good oracles, RWAs can’t work. RedStone is fast, cheap, and works on many chains. It supports EVM chains like Ethereum and layer-2s, plus Solana and TON.

The co-founder points out RedStone’s edge: modular design. It pulls data from many sources for accuracy. This is key for banks who need trust and speed.

The Two Blockchain Rails Banks Will Use

Here is the big claim: . What are they? The co-founder highlights two ecosystems:

1. Ethereum and its L2s: Ethereum is the king of security and liquidity. Layer-2s like Arbitrum, Optimism, and Base make it fast and cheap. Banks trust Ethereum for big money.
2. Solana ecosystem: Solana offers high speed and low fees. It’s great for high-volume trading. With Firedancer upgrade, it will handle even more.

Why only two? Others like Cosmos or Polkadot are too fragmented. Bitcoin is slow for DeFi. These two have the devs, users, and money needed.

Why Ethereum L2s for Banks?

Ethereum has $50 billion in TVL. L2s cut fees to pennies. Projects like MakerDAO and Aave use RWAs here. Banks like it because:

• Top security from Ethereum.
• Easy bridges to other chains.
• Regulators know Ethereum best.

RedStone feeds data to 20+ EVM chains. This makes RWAs reliable.

Solana: The Speed King for RWAs

Solana processes 65,000 TPS. It’s perfect for real-time trading. RWAs on Solana include tokenized treasuries via Drift and Kamino. Banks see Solana as:

• Cheap for retail users.
• Fast settlements.
• Growing DeFi with $5B TVL.

RedStone launched on Solana early. It helps with oracle needs for high-speed apps.

Challenges Banks Face with RWAs

Not all smooth. Banks worry about:

RedStone solves oracle risks with push-pull models and multi-source data.

Real Examples of Banks in RWAs

It’s happening now:

• BlackRock’s BUIDL fund on Ethereum: $500M tokenized treasuries.
• JPMorgan’s Onyx on permissioned chains, but eyeing public.
• Societe Generale on Ethereum L2s.
• Franklin Templeton on Solana.

These show banks testing the two rails.

Future Outlook: Trillions on Two Rails

By 2025, RWAs could hit $2 trillion. RedStone co-founder says banks will pick Ethereum L2s for safety and Solana for speed. This duo covers all needs. Other chains may play small roles, but these two win.

Investors: Watch RWA projects on these rails. Oracles like RedStone will boom.

Conclusion: Get Ready for Bank-Driven RWAs

is not just talk. It’s the future of finance. Ethereum L2s and Solana lead the way, powered by oracles like RedStone. Stay tuned as traditional finance meets crypto.

What do you think? Will banks stick to these two rails? Share in comments.

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