@DerrickN_ Says Stablecoin DeFi Participation Fell to 10.8%

Crypto account @DerrickN_ said stablecoin participation in decentralized finance (DeFi) fell to 10.8% from a 15% peak, describing a smaller role for stablecoins in DeFi than at the peak.

The account also argued that most tokenized real-world assets (RWAs) rarely enter DeFi.

Stablecoins and RWAs issued on Ethereum had a combined value of $185.8 billion, or 53.2% of the $349.2 billion tracked across networks. That figure measures asset value, not DeFi participation.

The two percentages describe different measures: 53.2% is Ethereum’s share of tracked asset value, while 10.8% is the stablecoin participation figure cited by @DerrickN_.