📰 The most interesting contrast in RWA this week wasn’t asset growth, but a slight dip in market size alongside a clear rise in users. The total market cap of on-chain RWAs fell to $38.88 billion, down 0.99% week over week, while the number of holders rose to 5.1764 million, up 37.21%.
🔥 Honestly, these figures say a lot: short-term capital is under pressure, but new users continue to come in. The market may not be as lively as it seems, yet the number of people actually using these assets is slowly growing.
💡 Institutional moves are also becoming more concrete. OKX and ICE have jointly filed an application with the SEC to launch a compliant tokenized U.S. stock trading platform. Securitize has partnered with LG CNS to develop tokenization infrastructure in the Asia-Pacific region and launched tokenized U.S. stocks on Solana with full shareholder rights. Ondo has also launched a platform for tokenizing returns from private company equity.
👀 Regulatory developments are accelerating too. The European Central Bank plans to officially launch the digital euro in 2029, with a pilot program starting next year. ESMA has given EU crypto-asset service providers three months to phase out stablecoin services that don’t comply with MiCA. For platforms, compliance is no longer just a talking point—it directly affects whether they can continue offering their products.
🤔 One detail that’s easy to overlook: the total stablecoin market cap rose to $295.09 billion, and monthly active addresses increased by 5.13%, but monthly transfer volume fell by 21.87%. The number of holders is growing, while short-term settlement activity is cooling. Do you think this points to the market consolidating, or are investors simply becoming more cautious for now?
#RWA #稳定币 #代币化资产 #DigitalEuro
🔥 Honestly, these figures say a lot: short-term capital is under pressure, but new users continue to come in. The market may not be as lively as it seems, yet the number of people actually using these assets is slowly growing.
💡 Institutional moves are also becoming more concrete. OKX and ICE have jointly filed an application with the SEC to launch a compliant tokenized U.S. stock trading platform. Securitize has partnered with LG CNS to develop tokenization infrastructure in the Asia-Pacific region and launched tokenized U.S. stocks on Solana with full shareholder rights. Ondo has also launched a platform for tokenizing returns from private company equity.
👀 Regulatory developments are accelerating too. The European Central Bank plans to officially launch the digital euro in 2029, with a pilot program starting next year. ESMA has given EU crypto-asset service providers three months to phase out stablecoin services that don’t comply with MiCA. For platforms, compliance is no longer just a talking point—it directly affects whether they can continue offering their products.
🤔 One detail that’s easy to overlook: the total stablecoin market cap rose to $295.09 billion, and monthly active addresses increased by 5.13%, but monthly transfer volume fell by 21.87%. The number of holders is growing, while short-term settlement activity is cooling. Do you think this points to the market consolidating, or are investors simply becoming more cautious for now?
#RWA #稳定币 #代币化资产 #DigitalEuro