Retail investors in Mexico were introduced to “Stablebond,” a tokenized bond offering, by Etherfuse, a platform that aims to enhance decentralized blockchain infrastructure, during Solana’s breakpoint conference in Amsterdam.Mexico is the company’s second-largest Latin American bond market after Brazil, which is why the company is focusing on it.According to the research, the market has an average daily trading volume of $200 million and $623 billion in outstanding debt, making it one of the most liquid in Latin America.
According to a press release from Etherfuse, institutions, governments, and foreign investors account for the majority of trading volume in Mexico; this indicates that there are few retail or individual bond investors.Etherfuse is trying to change this by providing Stablebonds to retail investors; currently, just 2% of bondholders are Mexican.In line with the press release, stablebonds are constructed on Solana and supported by the Mexican government.
This occurs as the practice of tokenizing physical assets gains traction.The tokenized Treasury market increased from approximately $100 million at the beginning of the year to $698 million as of Monday, according to real-world asset (RWA) monitoring platform RWA.xyz.
“Stablebonds mark an evolution of investment solutions,” said Dave Taylor, CEO and co-founder of Etherfuse, in the statement. “By marrying the traditional world of bonds with the innovation of blockchain technology, we are creating a secure and transparent tool for investors and are adding further stability to DeFi and blockchain products,” he added.