{"id":46632,"date":"2025-09-09T18:31:46","date_gmt":"2025-09-09T18:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46632"},"modified":"2025-09-09T18:31:46","modified_gmt":"2025-09-09T18:31:46","slug":"how-ethereum-is-winning-the-rwa-tokenization-war","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46632","title":{"rendered":"How Ethereum is Winning the RWA Tokenization War"},"content":{"rendered":"
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\u201cEthereum is winning the war for real-world assets, and nothing is close,\u201d said Ryan Sean Adams from Bankless on Monday.<\/p>\n

The network currently has a 57% market share of RWA on-chain value, including stablecoins, and that number is even higher when Ethereum layer-2 networks are included.<\/p>\n

Adams said that RWAs are a network effect game, liquidity begets liquidity, and institutions go where there is liquidity.<\/p>\n

Impressive Statistics<\/h2>\n

The numbers speak for themselves, with Ethereum taking a commanding market lead over rival chains for on-chain RWA<\/a> value, which is currently at an all-time high of $28.5 billion (excluding stablecoins).<\/p>\n

The stablecoin<\/a> supply on Ethereum is also at a record high of over $160 billion, with around $5 billion being added last week, according<\/a> to Token Terminal.<\/p>\n

Adams pointed out that when layer-2 and EVM networks are included, the Ethereum share surges to 95%. Newer stablecoin-focused networks, such as Stripe Tempo, Circle Arc, and Plasma Tether, are all Ethereum Virtual Machine-based.<\/p>\n

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Ethereum is winning the war for real world assets and nothing is close.<\/p>\n

I just looked at the numbers and oh my god.<\/p>\n

Two things to establish.<\/p>\n

First, RWAs are a network effect game. Liquidity begets liquidity. Institutions go where there\u2019s liquidity. Power laws win.<\/p>\n

Second,\u2026 pic.twitter.com\/FOZWizfRzg<\/a><\/p>\n

\u2014 RYAN S\u039eAN ADAMS \u2013 rsa.eth (@RyanSAdams) September 8, 2025<\/a><\/p>\n<\/blockquote>\n