Ethereum-based real-world assets surpass $17B

The value of Ethereum-based tokenized real-world assets (RWA) has surpassed $17 billion, The Block reported. This figure represents a 315% surge from $4.1 billion one year ago. Currently, Ethereum accounts for 34% of the total on-chain RWA value across all networks. The market capitalization of Ethereum-based stablecoins is around $175 billion.