Plume brings PIMCO and CMBI-backed fixed income vaults to millions of Bybit users

Plume says Bybit Earn users can now access RWA fixed income vaults through its regulated onchain infrastructure, turning idle exchange stablecoins into exposure to institutional bond strategies. The Bybit RWA Earn product uses an RWAToken backed by PIMCO Dynamic Income Opportunities Fund and CMB International Investment Grade Bond Fund, with yield coming from dividends, coupons and interest rather than token incentives. Plume frames the launch as a way to tap the estimated $25B-$80B in stablecoins sitting on CEXs without pushing users into higher-risk DeFi yield loops.

TLDR by @Benthic

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