The stablecoin market cap has doubled to $280 billion since 2023, with forecasts reaching $2 trillion by 2028. Over half of stablecoins run on Ethereum, which has seen a surge in Ether (ETH) price by 88% in just two months, outpacing most large-cap cryptocurrencies.

Real-world assets onchain have grown 413% to $26.7 billion, with major players like BlackRock and Franklin Templeton leading the charge on Ethereum. The GENIUS Act and CLARITY Act could boost institutional adoption and strengthen Ethereum’s position in finance.

Stablecoins are gaining traction, with a market cap now at $280 billion and expected to reach $2 trillion by 2028. Ethereum dominates this sector, hosting 56.1% of all stablecoins, positioning itself as the platform of choice for smart contracts and cross-border payments.

Tokenized real-world assets have surged 413% to $26.7 billion, with BlackRock and Franklin Templeton joining crypto-native issuers on Ethereum. The convergence of traditional finance and crypto is evident, with Ethereum leading the way by hosting over $7.6 billion in tokenized assets.

Ethereum’s credibility as a mature blockchain with institutional trust has led to its dominance in the market. The US regulatory landscape, including the GENIUS Act and CLARITY Act, further solidifies Ethereum’s position as the platform of choice for bringing real-world assets onchain, transforming financial ecosystems and price trajectories.

Read more at CoinTelegraph: ETH’s Stablecoin, RWA Dominance Empowers It In TradFi