Tokenization of assets races to $300 billion! Stablecoins lead the way, RWA revolution accelerates.

According to the latest data from Token Terminal, the global tokenization of real-world assets (RWA) has approached $300 billion and is expected to reach this milestone by 2030. While stablecoins like USDT and USDC are the driving forces behind the rise, the rapid on-chain movement of funds, treasury bills, bonds, and commodities is ushering the capital market into a new era of all-weather, Programmability.

Stablecoins lead, but the trend of asset diversification is evident

(Source: Token Terminal)

Currently, the main players in the RWA market are stablecoins, especially USDT and USDC, which have formed a large ecosystem on Ethereum and Tron, respectively. However, the landscape of asset tokenization is rapidly expanding, covering government bonds (such as Ondo USDY, BlackRock BUIDL), tokenized money market funds, gold token PAXG, and fragmented real estate stocks.

Commodities and New Asset On-Chain

Tokenization is no longer limited to currency and stocks. Currently, there are over $2.5 billion in digital gold, $500 million in tokenized oil, and millions of dollars in tokenized silver, agricultural products, and carbon credits. These assets achieve global circulation and real-time settlement through blockchain, breaking the time and geographical limitations of traditional markets.

Institutional Adoption Accelerates, RWA Market May Double

RedStone Finance predicts that by 2034, the scale of on-chain RWA could reach $30 trillion. Research by McKinsey and Token Terminal shows that as funds and treasury bills shift to blockchain, institutional adoption is rapidly increasing, and the RWA market size is expected to double in the short term.

BlackRock CEO Larry Fink described tokenization as a “revolution” in the investment field and believes that in the future “every asset can be tokenized,” enabling real-time trading and settlement on a global scale.

Impact of All-Weather Programmable Finance

The core value of tokenization lies in enabling traditional financial assets (TradFi) to enter a 24/7 trading mode and reducing investment thresholds through fragmentation. This means that investors no longer rely on centralized brokers, trades are traceable and programmable, and assets are managed directly on decentralized platforms, significantly enhancing liquidity and efficiency.

Future Outlook: From Stablecoins to Fully On-Chain Assets

Stablecoins are just the starting point of the tokenization wave. In the future, real estate, private credit, artworks, and even markets not yet conceived may achieve open, frictionless global transactions through blockchain. As the $300 billion milestone approaches, the RWA market is accelerating the reshaping of the global financial landscape.

Conclusion

The rapid rise of tokenized assets is not only a result of technological innovation but also a manifestation of the structural transformation of the global capital market. When assets move from bank vaults to programmable networks, the location and method of financial transactions will be completely rewritten. The stablecoin-led RWA revolution has only just begun.