RWA Weekly | SEC Names 3 Tokenized Securities Platforms; HSBC Launches HKD Stablecoin Onchain RWA value reached $38.99 billion this week, up 0.64%, while holders rose 12.55% to 5.302 million. Stablecoin market cap edged down to $290.28 billion, but monthly transfer volume jumped 33.23% and holders surpassed 300 million. Activity picked up, with signs of liquidity shifting from USDC to USDS.
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