private credit · 19 Feb 2025
T-Bill Yield Floor Is Quietly Rewiring On-Chain Money
Where risk-free short duration meets stablecoin float, spreads compress and distribution becomes the only moat.
by Mika Okabe · 7 min
updated
rawer research
Rawer Research is independent, source-cited analysis of real-world asset tokenization — the markets, infrastructure and institutions behind it. Every report names its author, shows publication and update dates, and links its evidence.
private credit · 19 Feb 2025
Where risk-free short duration meets stablecoin float, spreads compress and distribution becomes the only moat.
by Mika Okabe · 7 min
updated