Key Takeaways

  • RWA market growth stabilizing with continued holder increase.
  • Stablecoin usage expanding significantly for transfers and transactions.
  • Key regulatory developments in US, Hong Kong, Singapore, UK, and UAE.
  • Innovative projects launching in credit cards, forex, and tax refunds.

RWA Market Landscape

As of November 14, 2025, the total on-chain market capitalization of RWAs reached $35.91 billion, a 5.35% increase from the previous month. The total number of asset holders exceeded 536,800, a 10.96% increase from the previous month, demonstrating strong growth.

Stablecoin Market

The total market capitalization of stablecoins reached $299.99 billion, a slight increase of 1.03% from the previous month. Monthly transfer volume surged to $4.96 trillion, a significant increase of 30.49% from the previous month. The total number of monthly active addresses increased significantly to 37.08 million, a 25.38% increase from the previous month. This data suggests that the stablecoin market is seeing an enhancement of on-chain payment and settlement functions.

Regulatory Developments

US SEC: Plans to launch 'Token Taxonomy' to clarify crypto asset characteristics.

US CFTC: Considering allowing stablecoins as collateral for derivatives.

Hong Kong Monetary Authority (HKMA): Continuing Ensemble project to support tokenized asset trading.

Singapore, UK, and UAE: Refining stablecoin and asset tokenization policies.

Emerging Projects

Standard Chartered Bank & DCS: Launched stablecoin-based credit card DeCard in Singapore.

Circle: Expanding Arc ecosystem with on-chain forex engine and multi-currency stablecoin partnership program.

Korean NH NongHyup Bank: Piloting stablecoin-based tax refund service on Avalanche platform.

Conclusion

The RWA market is showing promising growth, driven by technological innovation and regulatory developments. The expansion of stablecoin and central bank digital currency (CBDC) usage is expected to further enhance the efficiency and transparency of global financial transactions.


Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

Latest news

gold

Thursday, 23 July 2026

Indices

Gold Price Today, July 24: Gold Slips to $4,043 as Dollar and Yields Rise

Thursday, 23 July 2026

Indices

Nikkei 225 Falls 2.73% as Alphabet AI Costs Shake Japan Tech Stocks

oil

Thursday, 23 July 2026

Indices

Brent Crude Holds Near $100 as Red Sea Supply Risks Escalate

South Korea Tightens Rules on Single-Stock Leveraged

Thursday, 23 July 2026

Indices

South Korea Tightens Rules on Single-Stock Leveraged ETFs, Raises Cash Requirement to KRW 30 Million from July 31

intel earnings 2026 q2

Thursday, 23 July 2026

Indices

Intel Q2 Revenue Jumps 25% on AI Demand, Beats Estimates as Strong Q3 Outlook Lifts Shares

crypto

Thursday, 23 July 2026

Indices

Crypto Prices Today July 24: Bitcoin Steadies Near $65K as ETF Demand Counters Geopolitical Uncertainty

oil price news today

Thursday, 23 July 2026

Indices

Oil Price News Today: Brent Slips Below $100 as Traders Weigh US-Iran Tensions

USD to JPY exchange rate today

Thursday, 23 July 2026

Indices

US Treasury Says Yen Is Deeply Undervalued, Urges Bank of Japan to Continue Rate Hikes

gold

Wednesday, 22 July 2026

Indices

Gold Price Today, July 23: Gold Holds Above $4,100 as Oil Rally Limits Gains

tesla earnings q2 2026

Wednesday, 22 July 2026

Indices

Tesla 2026 Q2 Earnings: Revenue Surges 26% as AI Investments Weigh on Profits and Cash Flow