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Ethereum On-Chain RWA Total Value Surpasses $17 Billion, Marking a 315% Year-on-Year Growth

2 hours ago

As of February 17, the total value of tokenized real-world assets (RWAs) on the Ethereum blockchain has topped $17 billion, with major institutions like BlackRock and JPMorgan Chase continuing to onramp traditional funds onto the network. That’s a nearly 315% jump from $4.1 billion a year ago, further solidifying Ethereum’s leading position in the tokenized finance (DeFi) space for RWA infrastructure. Ethereum currently makes up roughly 34% of the total value of all on-chain tokenized RWAs across networks. Meanwhile, the total market cap of stablecoins on Ethereum’s mainnet has climbed to over $175 billion, underscoring the network’s role as the top settlement layer for USD-pegged tokenized assets.
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