hidden road connects rlusd to $4.6t repo markets earning corporate treasuries 5.4-5.8% vs 4.5% in money markets. 50 basis points on $100m treasury = $500k extra annual yield. gtreasury has 1000 enterprise clients. if 10% pilot with 1% of treasury that's $35b rlusd demand. watch supply metrics not price action ...

aave horizon paying 10% on rlusd deposits backed by tokenized treasuries.t-bills yield 5.3%. someone's eating that 470 basis point spread.$117m locked in first month. ...