1 article tagged #CreditCardReceivables — curated RWA tokenization coverage.

Plume Network has officially launched nOPAL, a tokenized vault developed by Black Opal Finance, on the Avalanche blockchain. This product provides investors with exposure to FX-hedged Brazilian credit card receivables, transforming a traditionally illiquid asset class into a programmable on-chain instrument. By leveraging Plume Network's infrastructure, the vault generates yield derived from consumer payment flows rather than volatile crypto market cycles. The integration of currency hedging is a critical feature, designed to mitigate the risks associated with the Brazilian real. This launch represents a strategic expansion of the RWA market, moving beyond the dominance of U.S. Treasuries into emerging market credit. The initiative highlights a growing trend of connecting regulated loan originators with high-performance Layer 1 blockchains to broaden institutional asset availability. As the RWA sector approaches a projected $10 billion valuation for tokenized treasuries and private credit by 2025, nOPAL serves as a model for bringing diverse, real-world yield sources onto the blockchain.