BlackRock BUIDL leads the real-world asset (RWA) space in terms of locked-in value at $3.55 billion.

Next is Tether Gold with $3.11 billion, followed by Circle USYC with $3.00 billion.

The gap here is striking, especially as traditional assets continue to be integrated into the infrastructure on-chain.
$BTC
$ETH
$GOOGL.US