Manta Pacific Pioneers Real-World Asset Integration in Web3

Manta
Pacific
is
at
the
forefront
of
integrating
real-world
assets
(RWAs)
into
the
Web3
ecosystem,
according
to
Manta
Network.
The
platform
is
enhancing
its
ecosystem
with
assets
like
Mountain
Protocol’s
wUSDM,
a
stablecoin
yielding
5%
and
backed
by
US
Treasury
bills
and
BlackRock’s
BUIDL
Fund.

Why
Real-World
Asset
Management?

In
the
Web3
sphere,
RWAs
have
the
potential
to
revolutionize
asset
management
and
ownership.
Manta
Network
provides
individuals
and
organizations
with
tools
to
efficiently
oversee
these
tangible
assets
via
a
decentralized
framework.
The
platform
aims
to
bridge
the
traditional
financial
world
with
the
decentralized
future
by
tokenizing
tangible
assets,
making
them
accessible
to
all,
and
promoting
greater
liquidity
and
transparency
in
asset
management.

Key
Features
of
Manta
Pacific

Manta
Pacific’s
modular
architecture,
leveraging
Celestia’s
Data
Availability
layer,
ensures
high
performance
and
scalability.
The
design
allows
parallel
transaction
processing
and
efficient
resource
allocation,
making
it
capable
of
handling
substantial
transaction
volumes
with
low
latency
and
high
throughput.
This
architecture
facilitates
seamless
upgrades
and
integrations,
maintaining
operational
continuity
and
flexibility.

The
platform
integrates
directly
with
native
protocols,
offering
users
direct
access
to
yields
and
RWAs
within
the
network.
Through
protocol-native
assets
like
wUSDM
from
Mountain
Protocol,
the
platform
enables
diverse
DeFi
opportunities,
optimizing
asset
utilization
across
lending,
borrowing,
and
staking
protocols.

Collaborations
with
regional
enterprises
enhance
RWA
tools.
A
notable
partnership
with
Cyberport,
Hong
Kong’s
leading
digital
technology
incubator,
aims
to
drive
innovation
in
sectors
such
as
finance
and
education
by
exploring
real-world
applications
of
Web3
technologies.

RWA-Based
Applications
on
Manta
Network

Mountain
Protocol’s
USDM
stablecoin,
built
on
Manta
Pacific,
has
quickly
become
the
largest
Treasury-backed
stablecoin,
reaching
a
market
capitalization
of
$153
million
and
ranking
as
the
third-largest
RWA
protocol
by
total
value
locked.
Manta
Network
leverages
wUSDM,
Mountain
Protocol’s
Liquid
Staking
Token
(LST)
on
Manta
Pacific,
which
is
backed
by
U.S.
Treasury
bills
and
BlackRock’s
BUIDL
Fund.
This
integration
merges
traditional
finance
with
DeFi,
providing
stability
and
yields
from
traditional
financial
instruments.

Expanding
the
RWA
Portfolio

The
Manta
community
can
anticipate
an
exciting
array
of
new
RWAs
and
the
development
of
more
RWA-based
applications
on
Manta
Pacific.
The
upcoming
cohort
in
the

zk
Accelerator
Program
will
focus
on
supporting
RWA-related
projects,
aligning
with
Manta
Network’s
commitment
to
evolving
and
leading
in
the
Web3
landscape.

The
inaugural

zk
Accelerator
Program,
held
with
Celestia
and
Polygon,
demonstrated
Manta
Network’s
dedication
to
scalable
Web3
solutions.
The
upcoming
cohort
will
further
strengthen
capabilities
and
expand
offerings
in
the
RWA
sector.

About
Manta
Network

Manta
Network
is
a
modular
blockchain
for
zero-knowledge
(ZK)
applications.
The
Manta
Pacific
ecosystem
is
designed
for
EVM-native
ZK
applications
and
dApps,
offering
users
low
costs
and
optimal
experiences.
By
leveraging
Manta’s
Universal
Circuits
for
ZK-as-a-Service
and
Celestia’s
data
availability
for
modularity,
the
platform
delivers
low
gas
fees,
creating
an
ideal
environment
for
ZK-enabled
applications.
Founded
by
a
team
from
prestigious
institutions
like
Harvard,
MIT,
and
Algorand,
Manta
Network
has
attracted
investments
from
top
Web3
funds,
including
Binance
Labs
and
Polychain
Capital.

For
more
information,
visit

Manta
Network’s
official
announcement.

Image
source:
Shutterstock