#Stablecoins

333 articles tagged #Stablecoins — curated RWA tokenization coverage.

CONNECT recap: Liquidity is tokenization’s next challenge, everyday stablecoins
Infrastructure

CONNECT recap: Liquidity is tokenization’s next challenge, everyday stablecoins

At the Cointelegraph CONNECT event in Singapore, industry experts highlighted a significant supply-demand imbalance in the real-world asset (RWA) tokenization market. Alex Taaffe of GSR noted that while asset managers are aggressively pursuing onchain capital formation, investor demand has failed to keep pace with the growing supply of tokenized assets. Panelists identified market fragmentation across multiple blockchains and disparate issuer pools as primary obstacles to achieving efficient liquidity. Beyond RWA supply issues, the event addressed the necessity of integrating stablecoins into everyday consumer payments to drive broader adoption. Regulatory complexity across jurisdictions remains a persistent hurdle for infrastructure providers attempting to bridge the gap between blockchain and traditional finance. Furthermore, venture capital participants discussed the challenges of exiting positions in the current market, emphasizing a shift toward longer-term business fundamentals. These insights underscore that while the technological infrastructure for tokenization is expanding, the industry must solve for liquidity, usability, and regulatory harmonization to reach maturity.

Cointelegraph — RWA TokenizationPublished by source: Added: Oct 16, 20267.5
Tokenized Treasuries: Italy, Portugal and Singapore Beat the US
U.S. Treasuries

Tokenized Treasuries: Italy, Portugal and Singapore Beat the US

The global market for tokenized U.S. Treasuries surged 125% to $15.42 billion by July 2026, establishing itself as the largest real-world asset category on-chain. According to Chainalysis, international demand is driving this growth, with Italy, Portugal, and Singapore collectively holding a significantly larger share of tokenized Treasury value than the United States. While the U.S. accounts for 10.5% of identified geolocated value, Italy leads at 29.9%, followed by Portugal and Singapore. This geographic distribution highlights how tokenization democratizes access to U.S. debt by removing traditional brokerage barriers, allowing retail investors globally to bypass domestic financial infrastructure. Despite the rise of local stablecoin initiatives like Canada's Bill C-15, the data suggests a strong preference for dollar-denominated assets, which continue to dominate on-chain transaction volumes. The trend indicates that tokenized Treasuries are primarily used as long-term holdings rather than collateral, as evidenced by a 23% contraction in Treasury lending. Ultimately, the shift confirms that the U.S. dollar remains the default global standard for on-chain liquidity, even as domestic alternatives attempt to capture market share.

altcoinbuzz.ioPublished by source: Added: Oct 15, 20268.0
Ethereum (ETH) Captures Most of Recent Real-World Asset (RWA) Expansion while Tron (TRX) Dominates Weekly Stablecoin Inflows
Infrastructure

Ethereum (ETH) Captures Most of Recent Real-World Asset (RWA) Expansion while Tron (TRX) Dominates Weekly Stablecoin Inflows

Recent data from Token Terminal highlights a bifurcated growth trend in on-chain finance, with Ethereum and Tron capturing distinct segments of the market. Ethereum solidified its position as the primary hub for institutional RWA expansion, recording a $553.1 million increase in tokenized asset market capitalization over a single week. This growth, driven by fresh issuance of tokenized funds and Treasury products, significantly outpaced competitors like zkSync Era and BNB Chain. Simultaneously, the stablecoin sector saw Tron dominate with a $633.6 million weekly expansion in market capitalization, largely fueled by USDT activity. Tron’s growth, nearly ten times that of its closest competitors, underscores its utility for low-cost, high-throughput payments and remittances. While Ethereum remains the preferred venue for complex, composable RWA products, Tron continues to capture the bulk of retail-oriented stablecoin inflows. These complementary trends demonstrate that traditional financial activity is increasingly migrating to public blockchains, with specific networks optimizing for different use cases. The data confirms that institutional demand for on-chain yield remains concentrated on Ethereum, while payment-focused stablecoin liquidity gravitates toward Tron.

crowdfundinsider.comPublished by source: Added: Oct 14, 20267.5
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
Stablecoins

EU authority classifies Circle’s USDC as ‘significant’ under MiCA

The European Banking Authority has officially classified Circle’s USDC as a significant e-money token under the Markets in Crypto Assets (MiCA) regulatory framework. This designation subjects the $73 billion stablecoin to joint oversight by the EBA and France’s Autorité de Contrôle Prudentiel et de Résolution. As one of only 46 projects to receive this status, USDC faces heightened scrutiny regarding its reserves and operational safeguards within the European Union. The move reflects a broader strategic shift as EU-based firms increasingly demand regulated dollar-pegged assets for global cross-border payments. While the European Central Bank continues to develop its own digital euro, the integration of USDC into the MiCA regime provides a legal pathway for dollar-denominated stablecoins to operate within the bloc. This classification is a critical milestone for the RWA market, as it establishes a clear regulatory precedent for how global stablecoin issuers must interact with European financial authorities. By formalizing the status of USDC, the EU is effectively bridging the gap between traditional financial oversight and decentralized digital asset infrastructure.

tradingview.comAdded: Oct 14, 20267.5
The Biggest Buyers of On-Chain US Debt Aren’t Where You’d Expect
U.S. Treasuries

The Biggest Buyers of On-Chain US Debt Aren’t Where You’d Expect

A Chainalysis report reveals that tokenized U.S. Treasury value surged 125% to $15.42 billion in the year ending July 1, 2026, establishing U.S. debt as the largest on-chain RWA category. Notably, investors in Italy, Portugal, and Singapore hold larger shares of this value than U.S.-based participants, with Italy alone accounting for 29.9%. This trend highlights how tokenization democratizes access to wholesale financial instruments by removing traditional brokerage barriers for international retail investors. The data indicates that foreign demand for these assets, alongside the dominance of U.S. dollar-backed stablecoins, effectively channels global capital into U.S. government debt. While dollar-pegged stablecoins command 99.1% of order book volume, euro-denominated alternatives remain marginal despite the implementation of MiCA. Furthermore, the report observes a contraction in Treasury lending activity, suggesting that holders prioritize long-term asset retention over collateralization. This shift in capital flows has prompted policy discussions in nations like Canada, where officials are monitoring the impact of dollar-stablecoin adoption on domestic debt demand.

beincrypto.comAdded: Oct 14, 20268.0
Qivalis Wins Dutch EMI Licence for a MiCA Euro Stablecoin
Stablecoins

Qivalis Wins Dutch EMI Licence for a MiCA Euro Stablecoin

Qivalis, a consortium backed by 37 European banks including BBVA, BNP Paribas, and ING, has secured an electronic money institution licence from De Nederlandsche Bank to issue a MiCA-compliant euro stablecoin. This regulatory milestone allows the Amsterdam-based firm to move toward issuing euro-denominated electronic money tokens, which are essential for onchain settlement under the European Union's Markets in Crypto-Assets regulation. By operating as a full-reserve product, the planned stablecoin aims to address the current structural dependency on non-euro rails, as euro-denominated assets currently represent only 0.2% of global stablecoin circulation. The consortium plans to distribute the token through institutional channels like banks and exchanges rather than direct-to-consumer, utilizing Fireblocks for its digital asset infrastructure. While the licence is a critical legal prerequisite, the project has yet to publish a white paper or disclose a specific token name, with issuance expected in the coming months. This development is particularly significant as European exchanges face an 8 January 2027 deadline to phase out non-compliant stablecoin exposures. Ultimately, the initiative seeks to provide a standardized, regulated settlement asset that aligns with European legal and supervisory frameworks.

altcoinbuzz.ioAdded: Oct 14, 20267.5
RLUSD: bank custody in Dubai, no MiCA approval
Stablecoins

RLUSD: bank custody in Dubai, no MiCA approval

Standard Chartered officially launched institutional custody services for Ripple’s RLUSD stablecoin on the XRP Ledger on October 12, 2026, operating through its Dubai International Financial Centre branch. This move allows institutional clients, such as insurers and funds, to hold RLUSD within a regulated custody framework, addressing a critical barrier to entry for firms requiring supervised asset management. While the custody service is active in Dubai, RLUSD remains absent from the European Securities and Markets Authority (ESMA) register of e-money tokens, meaning it currently lacks the necessary authorization for public offering within the European Union. Additionally, Standard Chartered, Ripple, and LMAX Group announced plans for a collateral mirroring mechanism, which would allow RLUSD to serve as trading collateral without leaving the bank's custody. As of October 13, 2026, RLUSD held a market capitalization of approximately $2.41 billion, representing less than one percent of the total stablecoin market. This development highlights the growing institutional demand for regulated stablecoin infrastructure while underscoring the fragmented nature of global crypto-asset regulation. The initiative serves as a strategic bridge for institutional participation in digital asset markets, provided the assets meet specific jurisdictional compliance standards.

cryptoticker.ioAdded: Oct 14, 20267.5
MiCA Stablecoin Rules Reshape EU Liquidity, 100 Days On
Stablecoins

MiCA Stablecoin Rules Reshape EU Liquidity, 100 Days On

One hundred days after the MiCA grandfathering deadline on July 1, 2026, the European Union's stablecoin market is undergoing a significant structural shift toward compliant euro-denominated assets. While the overall stablecoin market remains stagnant, euro-pegged stablecoin supply has grown 22.6% to $848.1 million this year, driven largely by Circle's EURC and Société Générale's EURCV. This growth is supply-led rather than demand-driven, with Ethereum and Solana hosting nearly all new issuance. Regulatory hurdles remain high, as firms must navigate a complex stack of MiCA CASP and PSD2 permits to operate payment services. Furthermore, European Banking Authority reserve concentration limits are creating operational friction for credit institutions issuing e-money tokens. Many firms that failed to secure individual authorization have opted to partner with licensed CASPs to maintain market access. Ultimately, the cost of moving euros on-chain has become a compliance-heavy endeavor, concentrating market power among a few well-capitalized, fully licensed entities.

financexmagazine.comAdded: Oct 13, 20268.0
Samsung Takes USDC Mainstream, Tokenized Stocks Break New Ground, and an Ethereum L2 Fails the Economics Test
Infrastructure

Samsung Takes USDC Mainstream, Tokenized Stocks Break New Ground, and an Ethereum L2 Fails the Economics Test

The RWA sector is experiencing a shift toward mainstream integration as major players like Samsung, Securitize, and ICE explore tokenized financial products. Samsung is integrating USDC cross-border transfers into its Galaxy ecosystem via Solana, aiming to simplify stablecoin usage for everyday consumers. Simultaneously, Securitize has launched tokenized U.S. equities on Solana, while ICE and OKX are developing a blockchain-based venue for 24/7 trading of over 60 U.S. stocks. Ondo Finance is expanding into private market exposure, and the newly formed entity Formation is attempting to bridge onchain capital with real-world sectors like robotics and energy. Meanwhile, Spiko has reached $2.7 billion in assets under management for its tokenized money-market funds, highlighting the growing institutional appetite for efficient cash-equivalent products. These developments demonstrate a transition from experimental DeFi models to infrastructure that prioritizes distribution and operational efficiency. However, the industry still faces significant hurdles regarding liquidity, market structure, and the complexities of managing real-world credit risk onchain.

youhodler.comAdded: Oct 12, 20268.0
WisdomTree September net inflows reach $1.2B; tokenized AUM up 65% YTD
Infrastructure

WisdomTree September net inflows reach $1.2B; tokenized AUM up 65% YTD

WisdomTree reported a strong performance in September 2026, achieving $1.2 billion in net inflows despite a broader market decline that saw total assets under management settle at $168.93 billion. The firm's strategic focus on tokenized assets and digital distribution channels has been a significant growth driver, with tokenized AUM increasing by 65% year-to-date. This growth is supported by new distribution partnerships with MoonPay and Stable Sea, alongside WisdomTree's participation in a regulated USD stablecoin consortium involving 21 global financial institutions. While traditional equity products faced outflows, fixed income and UCITS products demonstrated robust organic growth, contributing to a total year-to-date net inflow of $13.54 billion. The firm's ability to maintain high organic growth rates amidst market volatility highlights the increasing institutional demand for tokenized financial products. By integrating blockchain-based distribution with traditional asset management, WisdomTree is positioning itself as a leader in the transition toward digital-native finance. These developments underscore the maturation of the RWA market as traditional asset managers successfully scale tokenized offerings alongside their core business.

tradingview.comAdded: Oct 12, 20267.5
The Quiet Institutionalization of Crypto: Tokenized Cash, Stablecoins, and the Real On-Ramp
Infrastructure

The Quiet Institutionalization of Crypto: Tokenized Cash, Stablecoins, and the Real On-Ramp

Stellar has recently surpassed Ethereum in daily net inflows for tokenized investment funds, recording $17.1 million according to data from RWA.xyz and Token Terminal. This shift highlights the growing institutional preference for specialized blockchain infrastructure over general-purpose networks for specific financial applications. Simultaneously, Tether has entered a memorandum of understanding with the National Bank of Kazakhstan and Alatau City Authority to explore stablecoin integration and asset tokenization. These developments reflect a broader trend where institutional entities are actively seeking efficient, compliant rails for digital asset movement. Meanwhile, the U.S. banking sector remains cautious, with a Conference of State Bank Supervisors survey revealing that 60.2% of community banks fear stablecoins could trigger deposit outflows. These events collectively underscore the ongoing institutionalization of the RWA market as traditional finance and blockchain protocols converge. The ability of networks like Stellar to capture institutional capital signals a maturing landscape where performance and specific utility drive adoption.

crypto-economy.comAdded: Oct 12, 20267.5
OJK to regulate tokenized gold, bonds, and property income
Infrastructure

OJK to regulate tokenized gold, bonds, and property income

Indonesia's Financial Services Authority (OJK) has initiated the drafting of comprehensive regulations for the tokenization of real-world assets, including gold, government securities, and property-related economic benefits. Announced by Adi Budiarso, the framework aims to lower the barrier to entry for retail investors, potentially allowing participation with as little as IDR 10,000. The proposed rules will govern the issuance, trading, custody, and investor rights, ensuring that digital tokens accurately represent underlying assets to prevent over-issuance. By leveraging blockchain technology, the OJK seeks to provide alternative financing models for sectors like the creative economy while maintaining strict oversight through its regulatory sandbox. The initiative also includes a parallel framework for stablecoins to support programmable money and automated transactions within the digital financial ecosystem. This move is significant as it establishes a formal legal structure for RWA tokenization in Southeast Asia's largest economy, balancing technological innovation with consumer protection. The OJK emphasizes a technology-neutral approach, focusing on business functions and risk management rather than specific blockchain protocols.

idnfinancials.comAdded: Oct 10, 20268.0
Tokenized equities top 1% of stablecoin supply as on-chain stock trading hits a record
Stocks

Tokenized equities top 1% of stablecoin supply as on-chain stock trading hits a record

Tokenized equities have experienced rapid growth, expanding 17.6x over the past year to reach a market value of approximately $5.89 billion by late September 2026. This growth has pushed the ratio of tokenized stocks to total stablecoin supply from 0.12% in August 2025 to 1.94%. While this remains a small fraction of the $152 trillion global equity market, the surge in on-chain trading volume, which hit a record $15.6 billion in September, indicates significant user demand. Robinhood has emerged as a dominant force in this space, capturing 42% of the on-chain trading share. Other key players contributing to this ecosystem include Securitize, Ondo, Backed Finance, and Binance. The shift highlights a growing trend of crypto-native liquidity flowing into blockchain-based stock markets to leverage benefits like fractional ownership and 24/7 trading. Despite this momentum, the market faces potential challenges regarding liquidity fragmentation across various issuers and chains.

cryptobriefing.comAdded: Oct 9, 20267.5
Base creator Jesse Pollak says equities and non-dollar stablecoins will lead upcoming ‘tokenization supercycle’
Infrastructure

Base creator Jesse Pollak says equities and non-dollar stablecoins will lead upcoming ‘tokenization supercycle’

Base creator Jesse Pollak predicts a forthcoming tokenization supercycle driven primarily by tokenized equities and non-dollar stablecoins. Coinbase recently launched tokenized stocks on the Base network, which currently generate between $70 million and $100 million in daily trading volume. The platform currently supports 50 listed stocks with plans to expand to 250 by the end of the month. Pollak emphasizes that tokenized equities provide superior accessibility and 24/7 liquidity compared to traditional markets. Additionally, Base is diversifying its stablecoin offerings to include 32 assets across 21 currencies to cater to global demand for local currency rails. The network is shifting its strategic focus toward specialized infrastructure for trading, payments, and financing to support this growth. This evolution highlights a broader industry trend where Layer 2 networks are pivoting from generic blockspace to high-utility financial applications.

The BlockAdded: Oct 9, 20267.5
XRP Ledger adds new controls for banks, stablecoins and tokenized funds
Infrastructure

XRP Ledger adds new controls for banks, stablecoins and tokenized funds

The XRP Ledger has officially activated the PermissionDelegationV1_1 feature, a significant upgrade designed to enhance security for institutional users like banks and stablecoin issuers. This functionality allows account owners to delegate specific operational tasks to secondary accounts without exposing primary signing keys, effectively mitigating risks associated with internet-connected systems. By enabling granular control, such as separating compliance duties from payment execution, the ledger aligns its technical architecture with traditional banking operational standards. The upgrade required over 80% support from the network's 35 trusted validators, a threshold reached after a previous attempt was delayed in September. This development is particularly relevant for the growing ecosystem on the XRP Ledger, which held approximately $4.26 billion in combined tokenized assets and RLUSD stablecoins during the second quarter. While the feature improves operational security, developers have issued a temporary warning regarding the 'PaymentBurn' permission due to a potential bug, with a corrective patch currently awaiting validator approval. This milestone underscores the network's ongoing efforts to provide the robust, enforceable controls necessary for regulated financial institutions to operate on-chain.

CoinDeskAdded: Oct 9, 20267.5
MiCA Stablecoin Deadline: ESMA Gives EU Crypto Platforms 3 Months to Remove USDT
Stablecoins

MiCA Stablecoin Deadline: ESMA Gives EU Crypto Platforms 3 Months to Remove USDT

The European Securities and Markets Authority (ESMA) has issued a directive requiring MiCA-authorized crypto platforms to cease offering services for stablecoins that fail to meet the European Union's Markets in Crypto-Assets (MiCA) regulatory standards. This mandate effectively targets major stablecoins like Tether's USDT and PayPal's PYUSD, which currently lack the necessary authorization to operate within the bloc. National regulators have been granted a three-month window from the October 8, 2024, publication date to ensure platforms wind down existing exposures, with a final deadline of January 8, 2027. Authorized crypto-asset service providers must implement technical and contractual controls to prevent EU clients from acquiring or increasing holdings in non-compliant tokens. While liquidation, conversion, and withdrawal of existing balances are permitted during this transition, the promotion and trading of these assets are strictly prohibited. This regulatory action aims to protect the integrity of the MiCA framework by ensuring that only authorized issuers, who adhere to strict reserve and disclosure requirements, can serve the European market. The move forces a significant shift in the operational landscape for European exchanges, compelling them to align their offerings with the EU's comprehensive digital asset oversight regime.

cryptorank.ioAdded: Oct 8, 20268.5
ESMA Moves to Plug Loopholes for Non-MiCA Stablecoins Beyond Spot Delistings
Stablecoins

ESMA Moves to Plug Loopholes for Non-MiCA Stablecoins Beyond Spot Delistings

The European Securities and Markets Authority (ESMA) has issued new guidance to close regulatory loopholes regarding non-MiCA compliant stablecoins within the European Union. While previous directives focused on removing non-compliant tokens from exchange order books, the new mandate requires providers to block all alternative acquisition routes across their entire service ecosystem. This includes preventing brokers, custodians, and portfolio managers from facilitating new exposure to unauthorized asset-referenced or e-money tokens. ESMA explicitly stated that simple risk disclaimers are insufficient, necessitating a complete cessation of new purchases and promotional activities for non-compliant assets. National regulators have been instructed to enforce these measures, with a transition period extending until January 8, 2027, to allow for an orderly exit for existing holders. This move significantly impacts the RWA market by standardizing the enforcement of MiCA, ensuring that only authorized stablecoins like Circle’s USDC and EURC maintain full access to EU clients. By forcing firms to audit the entire customer journey, ESMA aims to prevent the circumvention of regulatory standards that protect investors from unverified stablecoin issuers. This development underscores the tightening regulatory environment for tokenized assets and stablecoins operating within the European financial infrastructure.

tradingview.comAdded: Oct 8, 20268.0
IMF: Tokenized markets stay small and fragmented, stablecoins a weak link
Infrastructure

IMF: Tokenized markets stay small and fragmented, stablecoins a weak link

The International Monetary Fund (IMF) released a comprehensive analysis in its October Global Financial Stability Report highlighting the rapid expansion and inherent risks of the tokenized real-world asset (RWA) market. As of July, public tokenized assets reached approximately $65 billion, with fixed-income instruments accounting for $48 billion and equities trailing at $2.3 billion. The report notes that tokenized repurchase agreements see daily volumes of $303 billion, though this remains a fraction of the $13 trillion traditional U.S. repo market. Analysis of products from issuers like Ondo Finance and xStocks revealed that tokenized equities exhibit 1.5 times higher volatility than traditional counterparts, with retail investors driving 24/7 fractional trading. The IMF expressed significant concern regarding the use of stablecoins and private deposit tokens for settlement, warning that these methods introduce contagion and concentration risks. To mitigate these vulnerabilities, the IMF advocates for the use of central bank money for settlement and suggests implementing technology-neutral supervision and liquidity buffers. This report arrives as industry players like the OKX and Intercontinental Exchange joint venture prepare to launch 24/7 tokenized stock venues under SEC innovation exemptions. These findings serve as a critical regulatory roadmap for emerging frameworks, such as South Korea's upcoming token-securities initiative.

cryptopolitan.comAdded: Oct 8, 20268.5

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