Practical application of blockchain: how corporate finance is transforming the RWA market to $45.89 billion

The real assets sector on the (RWA) blockchain is experiencing a period of active institutionalization. As of December 22, the total value of assets in this segment reached $45.89 billion, demonstrating a significant shift in traditional finance towards digital transformation.

A key driver of this growth has been the active adoption by major financial players into the tokenization ecosystem. Companies of this scale, such as DTCC, JPMorgan, and Standard Chartered, have not only launched their own products based on tokenized treasury bills and money market instruments but also signaled long-term interest in this area. Such steps legitimize RWA as an asset class and attract additional capital.

However, market growth is uneven. While the treasury bonds and funds markets show optimism, the private credit segment has faced a correction. Over the past week, its capitalization fell to $28.3 billion, a decrease of 18.01%. This indicates a rotation of capital in favor of more stable and regulated assets.

On parallel fronts, activity in blockchain networks remains high. Daily transfer volumes of stablecoins on the Ethereum network consistently stay in the range of $90–100 billion, indicating healthy liquidity and increased use of digital payments.

Regulatory signals are mixed. Recently, an American senator proposed a tax incentive option for transactions involving stablecoins not exceeding $200. If adopted, this measure could significantly simplify tax administration for retail users and accelerate the widespread adoption of digital payments.

Overall, the trend indicates a transition of RWA from an experimental phase to integration with the traditional financial system. This process could redefine the role of digital assets in global finance in the coming years.