Total RWA Active Mcap$273.119b
Total RWA Onchain Mcap$273.123b
DeFi Active TVL$21.8b
Total Asset Issuers41
Assets Rankings
| Name | Asset Group | Platform | Category | Asset Class | Access Model | Type | RWA Classification | Issuer | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tether USDUSDT | Fiat Currencies | $1 | $184.247b | $184.248b | $8.073b | 4.38% | - | - | Tether | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Tether Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| USD CoinUSDC | Fiat Currencies | $1 | $73.125b | $73.125b | $12.563b | 17.17% | - | - | Circle | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Circle Internet Financial, LLC | Yes | Yes | Yes | Yes | Yes | Yes | |
| World Liberty Financial USDUSD1 | Fiat Currencies | $1 | $4.396b | $4.396b | $115.69m | 2.63% | - | - | World Liberty Financial | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | World Liberty Financial, Inc. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Global DollarUSDG | Fiat Currencies | $1 | $2.888b | $2.888b | $38.78m | 1.34% | - | - | Paxos | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Paxos Digital Singapore Pte. Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| PayPal USDPYUSD | Fiat Currencies | $1 | $2.827b | $2.827b | $412.35m | 14.58% | - | - | PayPal | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Paxos Trust Company, LLC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Ripple USDRLUSD | Fiat Currencies | $1 | $1.532b | $1.532b | $125.57m | 8.19% | - | - | Ripple | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Standard Custody & Trust Company, LLC | Yes | Yes | Yes | Yes | Yes | ||
| United StablesU | Fiat Currencies | $1 | $1.043b | $1.043b | $5,342 | 0% | - | - | United Stables | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | United Stables (United Stables Holding (BVI)) | Yes | Yes | Yes | Yes | Yes | ||
| TrueUSDTUSD | Fiat Currencies | $1 | $483.29m | $483.29m | $4.3m | 0.88% | - | - | TrueUSD | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Techteryx Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Brazilian DigitalBRZ | Fiat Currencies | $0.19 | $441.48m | $441.48m | $551,671 | 0.12% | - | - | Transfero | Fiat Stablecoins | Other Fiat Stable | Permissionless | Asset | RWA | Transfero | Yes | Yes | Yes | Yes | Yes | Yes | |
| Circle Euro CoinEURC | Fiat Currencies | $1.14 | $421.01m | $421.01m | $0 | 0% | - | - | Circle | Fiat Stablecoins | EUR Stable | Permissionless | Asset | RWA | Circle Internet Financial, LLC | Yes | Yes | Yes | Yes | Yes | ||
| First Digital USDFDUSD | Fiat Currencies | $1 | $347.11m | $347.11m | $10.98m | 3.16% | - | - | First Digital | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | First Digital Trust Limited | Yes | Yes | Yes | Yes | Yes | Yes | |
| M by M^0M | Fiat Currencies | $1 | $307.71m | $307.71m | $101.02m | 32.82% | - | - | M^0 | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | M^0 (federated Minters) | Yes | Yes | Yes | Yes | Yes | ||
| Agora DollarAUSD | Fiat Currencies | $1 | $200.8m | $200.8m | $112.84m | 56.19% | - | - | Agora | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Agora | Yes | Yes | Yes | Yes | Yes | Yes | |
| EUR CoinVertibleEURCV | Fiat Currencies | $1.14 | $147.52m | $147.52m | $82.85m | 56.16% | - | - | SG-FORGE | Fiat Stablecoins | EUR Stable | Permissioned | Asset | RWA | Société Générale-FORGE (SG-FORGE) | Yes | No | Yes | Yes | Yes | Yes | |
| Phantom CashCASH | Fiat Currencies | $1 | $127.39m | $127.39m | $24.8m | 19.46% | - | - | Phantom | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Phantom | Yes | Yes | Yes | Yes | Yes | ||
| Frax USDfrxUSD | Fiat Currencies | $1 | $108.16m | $108.16m | $55.32m | 51.14% | - | - | Frax | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Frax Finance Protocol | Yes | Yes | Yes | Yes | Yes | Yes | |
| MNEE USDMNEE | Fiat Currencies | $90.32m | $90.32m | $0 | 0% | - | - | MNEE | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | MNEE | Yes | Yes | Yes | Yes | Yes | Yes | ||
| USDonUSDon | Fiat Currencies | $1 | $78.51m | $78.51m | $3,400 | 0% | - | - | Ondo | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Ondo Global Markets (BVI) Limited | Yes | Yes | Yes | Yes | Yes | ||
| Binance USDBUSD | Fiat Currencies | $1 | $40.24m | $40.24m | $398,746 | 0.99% | - | - | Paxos | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Paxos Trust Company, LLC (for Binance) | Yes | Yes | Yes | Yes | Yes | Yes | |
| StraitsX USDXUSD | Fiat Currencies | $1 | $39.5m | $39.5m | $12,279 | 0.03% | - | - | StraitsX | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | StraitsX USD Issuance Pte. Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Gemini DollarGUSD | Fiat Currencies | $1 | $38.74m | $38.74m | $536,676 | 1.38% | - | - | Gemini | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Gemini Trust Company, LLC | Yes | Yes | Yes | Yes | Yes | Yes | |
| Eurite Euro TokenEURI | Fiat Currencies | $1.14 | $38.67m | $38.67m | $48,281 | 0.12% | - | - | Eurite | Fiat Stablecoins | EUR Stable | Permissionless | Asset | RWA | Banking Circle S.A. | Yes | Yes | Yes | Yes | Yes | Yes | |
| Pax DollarUSDP | Fiat Currencies | $1 | $31.95m | $31.95m | $63.76m | 199.54% | - | - | Paxos | Fiat Stablecoins | USD Stable | Permissionless | Asset | RWA | Paxos Trust Company, LLC | Yes | Yes | Yes | Yes | Yes | Yes |