Stablecoin Market Cap Reaches $305.5 Billion in October, RWA Rises to $34.5 Billion

According to a report by CoinDesk Research, the total market capitalization of stablecoins increased slightly by 0.10% month-on-month to $305.5 billion in October. Among them, USDC fell by 2.8% to $72.3 billion, while Tether maintained its leading position with $183 billion. The value of tokenized real-world assets on-chain grew by 2.92% to $34.5 billion, reaching a historical high of $34.9 billion on October 16. Private credit increased by 11.8% to $5.27 billion, while the value of tokenized stocks and equities rose by 4.81% to $4.89 billion. The average daily trading volume on-chain decreased by 39.3% to $317 million.

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