Real World Assets (RWA) on blockchain networks have experienced substantial growth, with the total on-chain value surpassing $21 billion, reflecting a 12% increase in the past 30 days. Private credit leads the sector with approximately $12.9 billion, followed by US Treasury debt at $5.9 billion and commodities at $1.4 billion. BlackRock's BUIDL fund has been a major driver of this expansion, with assets under management (AUM) reaching $2.47 billion across seven networks, predominantly on Ethereum. The fund has captured 67% of a $450 million weekly inflow into tokenized US Treasuries, pushing its AUM past $1 billion since its launch in March 2024. Tokenized US Treasury market capitalization is nearing $6 billion, with blockchain technology enabling settlements within minutes. Additionally, tokenized gold coins represented by PAXG and XAUT have exceeded $1.5 billion in combined total value locked (TVL), marking a 31% increase year to date. The RWA ecosystem includes over 180 issuers and more than 96,000 holders, highlighting growing institutional interest in on-chain finance. Stablecoins also continue to expand, with a market value exceeding $227 billion and over 158 million holders.