CoinFound Data: The RWA market capitalization is $95.223 billion USD

ME News Report, April 9th (UTC+8), according to CoinFound data:

• Private credit market cap: $39.65B
• Corporate bonds market cap: $27.34B
• U.S. Treasury bonds market cap: $13.43B
• Commodities market cap: $7.28B
• Institutional funds market cap: $3.79 billion
• Tokenized stocks market cap: $1.87B
• Government bonds market cap: $1.86B

Market dynamics:

• FDIC approves major regulatory framework for stablecoins and tokenized deposits, clarifying full 1:1 backing reserve asset requirements
• U.S. Treasury yields plummeted 10 basis points in a single day, boosted by the US-Iran ceasefire agreement increasing market risk appetite
• Wall Street banks target the $323 billion stablecoin market, with the GENIUS bill signaling the start
• Switzerland’s six major banks, together with UBS, launch a Swiss franc stablecoin sandbox to test blockchain payment applications

Summary:

• RWA (non-stablecoin) total market cap today is $95.22B, up $1.34B in 24 hours, driven by the FDIC tokenized deposit framework’s official implementation, the US-Iran ceasefire agreement leading to a single-day 10bp drop in U.S. Treasury yields, increasing the attractiveness of tokenized U.S. Treasury products, private credit continuing strong growth, FDIC’s clear requirement for 1:1 full backing and monthly disclosures, BlackRock BUIDL’s ongoing attraction of institutional funds, and regulatory clarity accelerating traditional capital inflows. Overall, the RWA sector shows signs of accelerating institutionalization, indicating RWA is becoming a mainstream allocation trend, unaffected by short-term geopolitical risks. (Source: CoinFound)