RWA Total Market Cap Reaches $373.9 Billion as Institutional Participation Rises

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RWA market cap hit $373.49 billion as of December 19 (UTC+8), according to CoinFound. Stablecoins led with $321.28 billion, followed by private credit at $34.56 billion and government bonds at $12.1 billion. Institutional activity is growing, with Aave ending a four-year SEC probe and DTCC pushing tokenized stocks. OSL and Antalpha’s XAUT gold stablecoin now has a $2.2 billion market cap. Chain fragmentation remains a hurdle, but market performance and Twitter activity suggest strong momentum toward broader adoption.
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