RWA tokenization capital concentrates with institutional crypto allocators despite retail-heavy buyer counts, with wallets holding $1M+ controlling 93% of $38.8B in capital.
RWA & Tokenization ·
US household debt delinquency reached 19.6% in 2025, the highest level since 2010, according to Federal Reserve data. The share of families reporting overdue loan payments has surged dramatically from 12.2% in 2022, reversing years of gradual improvement that had lowered the rate by 2.6 percentage points between 2013 and 2019.
The deterioration appears acute when measured against deeper payment arrears: more than 8.0% of families reported being at least two months behind on payments in 2025, compared to 5.0% in 2022. Notably, this acceleration in delinquencies has occurred even as typical family debt loads have remained flat since 2022, suggesting households face mounting difficulty servicing existing obligations rather than taking on substantially more debt.
Whether this delinquency surge reflects temporary seasonal patterns, persistent structural shifts in household finances, or early signals of broader macroeconomic stress remains unclear. The data does not specify which loan categories or income segments drive the increase, leaving open questions about the breadth and duration of the trend and its potential transmission to risk assets.