RWA

Stablecoin issuers are poised to become major buyers of short‑dated U.S. Treasuries, potentially adding $0.8T–$1T of demand by 2028. Market capitalization is projected to approach $2T, with reserve requirements under the July 2025 GENIUS Act concentrating assets in 0–3 month T‑bills. Emerging‑market adoption is expected to drive most of the expansion.

Digital asset firm New Frontier Labs has selected BitGo Bank & Trust National Association, part of crypto infrastructure company BitGo, to issue and custody the FYUSD dollar-pegged stablecoin for institutional investors in Asia. FYUSD follows the GENIUS Act framework, including 1:1 backing with cash or short-term US Treasurys and AML/KYC controls, and is supported by Fypher tools that enable programmable settlement for AI-driven commerce.

World Liberty Financial, a Trump-linked crypto firm, plans to issue tokens tied to loan-revenue interests for the Trump International Hotel and Resort Maldives, with completion targeted for 2030. The product offers accredited investors exposure to projected interest payments through Securitize’s regulated digital securities infrastructure, emphasizing private-credit style cashflows over real estate ownership.

On February 22, 2026, Tether said its gold token XAUt accounted for more than 60% of the tokenized gold market. According to CEO Paolo Ardoino, 94 tonnes shifted on chain over the past six months with total fees of 0.0016%. XAUt trades near 5,100 dollars per ounce with a 2.66 billion dollar market cap and 172 to 247 million dollars in daily volume.

On 22 February 2026, Brickken's Q4 2025 research found RWA tokenization is chiefly used to raise capital. 53.8% of issuers prioritize fundraising, while only 15.4% cite liquidity as a core driver; nearly half expect secondary-market access within 6–12 months. 69.2% of projects are live, and 84.6% report regulatory friction as the main obstacle.

Changpeng Zhao returned to the United States after a presidential pardon in October 2025 and appeared at a Mar-a-Lago crypto event with high-profile attendees. According to posts on X citing Forbes, roughly 85–87% of USD1’s circulating supply sits on Binance, while WLFI scheduled a 235 million WLFI distribution to USD1 holders from February 20 to March 20.

SBI Holdings is rolling out a ¥10 billion tokenized bond program for retail investors, recorded onchain via ibet for Fin by BOOSTRY. The three-year notes offer indicative 1.85%–2.45% annual yields with semiannual coupons, and qualifying buyers receive XRP worth about ¥200 per ¥100,000 invested at issuance and with each coupon through 2029. Secondary trading is expected on March 25 via the Osaka Digital Exchange START system.

On February 20, 2026, Santiment reported that XRP's 30-day MVRV stood at -4.1%, indicating the asset was slightly undervalued while many large-cap cryptocurrencies also appeared discounted. XRP was trading around $1.44 with volatility near prior 2024 cycle lows, and traders were watching a compression setup between $1.39 support and $1.44 resistance that could pave the way for a move toward $1.50 to $1.62. At the same time, Evernorth CEO Asheesh Birla pointed to rising RWA tokenization, RLUSD issuance above $1 billion and growing DEX activity on XRPL as signs of increasing institutional and on-chain participation.

In February 2026, the Dubai Land Department launched the second phase of its real estate tokenization pilot after roughly $5 million in property was tokenized into about 7.8 million tradable tokens. Infrastructure partner Ctrl Alt will issue Asset-Referenced Virtual Asset management tokens on the XRP Ledger, with Ripple Custody securing onchain transactions, while DarGlobal and Trump-backed World Liberty Financial plan to tokenize the development phase of a Trump-branded resort in the Maldives through Securitize.

In a Thursday interview in Palm Beach, Eric Trump said that despite Bitcoin's recent drop below $67,000 and its extended downturn, cryptocurrencies and blockchain are still poised to underpin mainstream financial systems. He highlighted World Liberty Financial's tokenized Maldives resort project and the USD1 stablecoin, while also discussing pending U.S. policy debates on stablecoin yields and ongoing lawsuits over alleged politically motivated bank account closures.