Stablecoin market cap hits $305.5 billion; RWA value rises to $34.5 billion
Original headline3055억달러 스테이블코인 시총…RWA 가치 345억달러로 증가
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October stablecoin market capitalization reached $305.5 billion, up 0.10% month-over-month for a second consecutive monthly gain, though still 3.67% below May's peak, according to CoinDesk Research's monthly report published October 28. Tokenized real-world assets (RWA) on blockchains rose to $34.5 billion in value over the same period. Stablecoins' share of the overall crypto market edged up from 10.5% to 10.6% as total crypto market cap declined 0.63%. Average daily stablecoin trading volume on centralized exchange pairs fell 2.54% to $31 billion, with cumulative volume through October 20 at $619 billion. The divergence between rising market cap and falling trading volume suggests accumulation rather than active trading. Watch for whether stablecoin supply growth continues and whether RWA tokenization momentum accelerates into year-end.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Stablecoins, RWA, CoinDesk Research