The Real World Asset (RWA) market cap has surged to $45.89 billion as of December 22, driven by increasing institutional adoption. Major financial entities like DTCC, JPMorgan, and Standard Chartered have initiated tokenized U.S. Treasuries and money market funds, reflecting a growing trend in the sector. Despite the overall growth, the private credit segment experienced a decline, with a market value of $28.3 billion, marking an 18.01% decrease over the past week. Meanwhile, stablecoin transfers on Ethereum continue to process between $90 billion and $100 billion daily. In regulatory developments, a U.S. senator has proposed tax relief for small stablecoin transactions under $200, potentially easing the tax burden for everyday users.