How Ethereum is Winning the RWA Tokenization War
The post How Ethereum is Winning the RWA Tokenization War appeared on BitcoinEthereumNews.com.
“Ethereum is winning the war for real-world assets, and nothing is close,” said Ryan Sean Adams from Bankless on Monday. The network currently has a 57% market share of RWA on-chain value, including stablecoins, and that number is even higher when Ethereum layer-2 networks are included. Adams said that RWAs are a network effect game, liquidity begets liquidity, and institutions go where there is liquidity. Impressive Statistics The numbers speak for themselves, with Ethereum taking a commanding market lead over rival chains for on-chain RWA value, which is currently at an all-time high of $28.5 billion (excluding stablecoins). The stablecoin supply on Ethereum is also at a record high of over $160 billion, with around $5 billion being added last week, according to Token Terminal. Adams pointed out that when layer-2 and EVM networks are included, the Ethereum share surges to 95%. Newer stablecoin-focused networks, such as Stripe Tempo, Circle Arc, and Plasma Tether, are all Ethereum Virtual Machine-based. Ethereum is winning the war for real world assets and nothing is close. I just looked at the numbers and oh my god. Two things to establish. First, RWAs are a network effect game. Liquidity begets liquidity. Institutions go where there’s liquidity. Power laws win. Second,… pic.twitter.com/FOZWizfRzg — RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) September 8, 2025 “Stablecoins are the king of RWAs, the OGs – 90% of all RWAs are stablecoins. No RWA class is as mature. All other assets will go where the stablecoins go. Winning stablecoins probably means winning RWAs, and Ethereum stablecoin network effects are staggering.” The figures for other assets tokenized on Ethereum are also impressive. It has $5.2 billion in tokenized Treasurys, which is a 70% share, rising to 86% when EVM is included. “All issuers that matter – BlackRock, WisdomTree, Franklin, Ondo have treasuries…
Filed under: News - @ September 9, 2025 11:29 pm