On July 30, the White House released its Digital Asset Report, outlining a plan to bring more structure and oversight to crypto markets. The report highlights the rapid growth of stablecoins, tokenized financial products, and DeFi protocols. It points to how the current system is holding the industry back, creating uncertainty and slowing responsible innovation.
To address this, the administration has tasked a new cross-agency working group with reviewing how existing financial rules apply to digital assets and where new ones are needed. This includes developing a formal regulatory framework for stablecoins and tokenized instruments.
At the same time, the administration made clear it will not pursue a U.S. central bank digital currency without congressional approval. That move reinforces the case for regulated stablecoins and tokenized models that are already tied to real-world economics.
Tokenized treasuries, real estate, and other onchain structures are now part of the policy conversation. They are being viewed as viable components of the financial system, and it's a clear signal that regulators are starting to separate hype from fundamentals. The market is beginning to reward structure, transparency, and measurable value.
The New Standard
As regulation catches up to where the market is going, RWA projects will be expected to meet a higher standard. Legal frameworks must be enforceable, the relationship between token and asset must be auditable, and the underlying economics must come from real yield, not emissions or inflationary rewards.
That is the environment OnRe was built for.
We are regulated and authorized by the Bermuda Monetary Authority (BMA) to write reinsurance against digital assets, and we are the global leader in capital modeling for this asset class. We have developed regulated collateral structures, built risk models to support yield, and designed token mechanics that reflect actual revenue, not emissions. Our approach is already aligned with the standards regulators are now setting.
Where Things Are Headed
The next wave of influence in crypto will not come from hype. It will come from clarity, trust, and the ability to connect onchain assets to real-world outcomes. RWAs are becoming the connective layer between capital, risk, and return, and they are finally being recognized as such.
Teams that have built with regulatory alignment, sustainable economics, and real collateral are now in a position of strength. The industry is moving toward them, not the other way around.
