CryptoWorld News reports that Wu said that the RWA tokenization protocol RAAC responded to recent questions surrounding PMUSD, stating that some opinions suggest that PMUSD redemption corresponds to legal rights to mineral resources, rather than US dollars or physical gold. This has caused market panic and led to short-term imbalance in the Curve pool and price deviations. However, RAAC stated that this does not affect the collateral assets and the protocol's ability to meet obligations; the current collateral remains intact, the protocol maintains solvency, and liquidity will be restored through capital injection. RAAC further pointed out that the collateral assets for PMUSD are the legal rights (perfected title) to mineral resources, not physical gold, and in case of default, related assets can be recovered through disposal of these rights, provided by the listed company I-on Digital.

RWA-0.56%
PAXG-1.57%
CRV0.33%
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