Ethereum is steadily becoming the main player in the tokenization of real assets. This process includes both traditional finance and stablecoins, highlighting the growing interest from institutional investors.
Institutional Interest in Ethereum
At the beginning of September, Fidelity launched its U.S. Treasuries product, the Fidelity Digital Interest Token (FDIT). Within days, the fund attracted over $200 million, demonstrating the increasing interest of the traditional financial sector in Ethereum.
Stablecoins as the Core Economy
Over $160 billion worth of stablecoins currently circulate on Ethereum, more than double the amount at the start of 2024. This supply gives Ethereum a commanding lead in the stablecoin market, leaving rivals like Tron and Solana far behind.
Tokenization of Commodities and Treasuries
Tokenized gold on Ethereum has surged past $2.4 billion this year, while the network also dominates tokenized U.S. Treasuries with a share above 70%. Including assets deployed on Polygon, Ethereum controls nearly the entire tokenized commodities market.
Thus, Ethereum is becoming not only a smart-contract platform but also the financial backbone of the digital economy, as evidenced by the increasing ETH price and the rise of institutional investments.