Bitwise just put a new RWA yield strategy onchain.
Its PAPY vault uses Morpho to lend AUSD against overcollateralized tokenized real-world assets.
PAPY accepts Agora’s AUSD and uses the deposits to generate variable returns through RWA-backed lending. The vault adds another institutional-focused yield product to Bitwise’s growing onchain offering.
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September 3, 2026 552
