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The Philippines makes a bold move: Buy government bonds for just $8.5, targeting a $60 billion RWA market by 2030.
[Chain News] Something quite interesting is happening in the Philippines — the local exchange PDAX has just released a White Paper called “Project Bayani”, directly predicting that their country's asset tokenization market could reach a scale of 60 billion USD by 2030.
This is not just empty talk, as people have already started taking action. Traditional financial instruments such as public equity, government bonds, and mutual funds are being gradually moved onto the blockchain. The most typical case is the government bond tokenization product launched by PDAX and GCash—ordinary people can buy government bonds for just $8.5 (equivalent to over fifty yuan), which is an absurdly low threshold.
More importantly, the market response: more than half of the accounts on the platform directly choose to hold bonds in the form of tokens instead of traditional electronic certificates. This data is quite telling - when RWA really lowers the cost of participation, users are willing to try on-chain assets.