Standard Chartered expects it to hit $2 trillion, with stablecoins leading the charge.
USDC, USDT, and PayPal’s PYUSD are firmly in the $1B+ tier, while newer entrants like USDG and BUIDL sit in the $100M-$1B range.
Over the past month, stablecoins’ average transaction volumes have quietly pushed past Visa’s. What’s more is that Circle alone minted another $750 million in USD Coin [USDC] in just a few hours!
Meanwhile, tokenized dollars on Solana [SOL] are climbing the market-cap ladder as major issuers steadily grow supply.
Stablecoins are becoming hard to miss.
Stablecoin flows accelerated, with new issuance picking up in recent days.
Circle minted another $750 million in USDC within hours, adding to the steady stream of $250 million batches seen throughout the month. Together with Tether [USDT], issuers have created more than $14 billion in fresh stablecoins since the recent crash.
Capital is moving back into crypto at scale.
Standard Chartered expected the Real-World Assets market to hit $2 trillion by 2028, with a large contribution from stablecoins. Money market funds, equities, and income-producing real estate are expected to be key catalysts.
However, regulators remain cautious as DeFi moves deeper into off-chain assets.
At the same time, 30-day average stablecoin transaction volumes have been climbing and have already moved past Visa’s levels, according to recent data.
Solana’s tokenized asset economy is expanding fast, and the latest market-cap ladder showed just how.
USDC, USDT, and PayPal’s PYUSD remained in the $1 billion-plus tier on Solana’s market-cap board. Just below, USDG, BlackRock’s BUIDL, and Ondo Finance’s USDY pushed into the $100 million-to-$1 billion bracket.
DefiLlama data also supported the trend.
Total Stablecoin Supply across chains neared all-time highs, with Solana capturing a meaningful share of the month’s expansion.
With USDT dominance still above 60% and fresh mints entering circulation, Solana continued to strengthen its position as a preferred venue for tokenized dollars and RWA issuers.
