State Street forecasts that tokenized assets could comprise 16% of institutional portfolios within three years, fueled by the growth of stablecoins and real-world assets (RWAs). Ripple Labs is enhancing the XRP Ledger's (XRPL) capabilities with the introduction of RLUSD and strategic acquisitions, including GTreasury, Hidden Road, and Rail. These efforts have increased the XRPL stablecoin market cap to $185 million since April 2025. Despite these advancements, Ethereum continues to lead in stablecoin and RWA tokenization, with its stablecoin market reaching $163 billion.