#RWA
Currently, the development of RWA in the market is mainly focused on two aspects: one is stablecoins, which are the most common application of backing real assets by issuing tokens on the blockchain. The other is tokenization of stocks, which is being explored by major markets including the SEC. Currently, examples of RWA such as tokenized real estate, tokenized artworks, etc., can only be regarded as practical expansions, with competitiveness and attention likely gradually diminishing.