Tokenized RWA market surpassed $30B with BNB Chain climbing to #2 position at $5.19B, driven by $17B stablecoin supply and $4.71B in tokenized Treasuries.
DeFi & Yields ·
The tokenized real-world assets market has surpassed $30 billion, with BNB Chain now occupying the second position at $5.19 billion in distributed asset value. This ranking reflects a significant shift in chain concentration within the sector. The growth is being driven by a diversified mix of assets rather than a single dominant product, with stablecoins accounting for approximately $17 billion of the total, while tokenized U.S. Treasuries contribute $4.71 billion and have grown 39.2 percent over the past 30 days.
BNB Chain's $5.19 billion in RWA value increased 31.5 percent in the past month, driven by roughly $1.3 billion in net inflows. The chain now represents approximately 12.1 percent of the global tokenized-asset market, trailing Ethereum's leading 48 percent share. Activity across the network remains concentrated, with major platforms and issuers including Binance Bridge ($11.1 billion), Circle ($2.9 billion), and BitGo ($1.6 billion) holding a significant portion of the value. Stablecoins drive velocity on the chain, with $199.3 billion in 30-day transfer volume and 1.4 million active monthly addresses, while tokenized Treasuries remain the largest single asset category, held by 62,810 addresses.
Whether broader RWA transfer volume growth can sustain the current trajectory remains to be seen. Tokenized stocks and commodities currently represent smaller categories on the chain, suggesting the settlement and yield infrastructure is still outpacing adoption of other asset classes.