In Q4 2026, the stablecoin market shows high concentration: USDT (Tether, $183B) is non-compliant with MiCA, USDC (Circle, $72.7B) is compliant, USDS/DAI (Sky, $14.3B) is non-compliant, Ethena USDe ($4.1B) is non-compliant, USDG (Paxos, $3.4B) is compliant, PYUSD (Paxos for PayPal, $2.8B) is in progress, and EURC (Circle, <$1B) is compliant.
Total market cap peaked at…
Title: The tokenized real-world asset market has fundamentally changed. It's no longer a bet on token appreciation: it has become a cash flow engine, rents, interest, coupons distributed automatically via smart contract. Analysis of a paradigm shift. In 2021, tokenization evoked speculative art NFTs. In August 2026, it evokes something else: ~$34.5 billion in tokenized…
Tokenized Municipal Micro-Bonds. We use the XRPL infrastructure to issue tokenized bonds funded by urban tolls… and local property taxes from specific neighborhoods. Steelldy provides the Risk Engine to rate these micro-bonds in real time via local OSINT.
The shift from appreciation tokens to yield structures represents the true institutional inflection point for RWAs. It…
Ethereum-based repo (repurchase agreement) tokenization pilots are primarily led by major European and Swiss institutions, building on 2024 experiments and advancing into collaborative explorations and deployments by early 2026. These focus on using Ethereum's public blockchain for collateral (e.g., tokenized bonds or funds), with interoperability to central bank systems for CBDC settlement, aiming to automate…