The Real World Asset (RWA) market cap has reached $373.9 billion as of December 19, driven by increased institutional participation, according to CoinFound. Stablecoins dominate the market with a valuation of $321.28 billion, followed by private credit at $34.56 billion and government bonds at $12.1 billion. Institutional interest is on the rise, highlighted by Aave concluding a four-year SEC investigation and the Depository Trust & Clearing Corporation (DTCC) advancing tokenized stocks. Additionally, the XAUT gold stablecoin, a collaboration between OSL and Antalpha, has achieved a market cap of $2.2 billion. Despite challenges such as chain fragmentation, market performance and social media activity indicate a strong momentum towards wider adoption.