Stablecoins Make Up $296.1 Billion of $342.9 Billion Tokenized Asset Total

When viewed at 3 p.m. ET Oct. 29 (19:00 UTC), a market-cap dashboard displayed a $342.9 billion tokenized-asset total, with stablecoins making up most and rounded categories leaving a $0.2 billion gap.

Stablecoins accounted for $296.1 billion. Tokenized funds totaled $34.3 billion, tokenized commodities $7.7 billion and tokenized stocks $4.6 billion. Those rounded category figures total $342.7 billion; the dashboard did not explain the difference.

The time marks when the dashboard was viewed, not a confirmed measurement cutoff. It also displayed changes of 1.6% over 30 days, 0.4% over 90 days and 2.4% over 180 days, without specifying a data cutoff for those figures.

The tally includes stablecoins alongside tokenized funds, stocks and commodities, so it does not measure non-stablecoin tokenized assets alone. The tally by itself also does not show whether issuers, blockchains or DeFi protocols are earning revenue.