Real-world assets (RWAs) are taking the crypto world by storm, bringing traditional finance onto the blockchain. If you're not familiar, RWAs are things like stocks, bonds, or commodities tokenized on chains like Ethereum, making them easier to trade and integrate into decentralized finance (DeFi). And right now, they're growing fast.

In a recent post on X, Token Terminal highlighted the fastest-growing RWAs on Ethereum, ranked by their 30-day growth in Total Value Locked (TVL). TVL is basically the total amount of assets locked in a protocol—think of it as a measure of how much money is committed to these projects.

The list features a mix of stablecoins (digital dollars pegged to real fiat) and tokenized funds (like digitized investment vehicles). Here's the chart they shared for a visual breakdown:

Let's unpack the top performers and what makes them stand out. I'll include links to their official sites or X profiles where available to help you dive deeper.

Top RWAs Driving the Growth

Using the data from Token Terminal, here's a rundown of the leaders:

1. USD1 by World Liberty Financial - Stablecoin
   TVL: $714.9M | 30d Growth: 121.5%
   Leading the pack with explosive growth, USD1 is a stablecoin from World Liberty Financial. It's designed to bridge traditional finance and DeFi, and its rapid rise shows strong investor interest.

2. USCC by Superstate - Tokenized Fund
   TVL: $366.3M | 30d Growth: 92.3%
   This crypto carry fund from Superstate optimizes yields from basis trades in Bitcoin, Ether, and Treasuries. It's attracting attention for its innovative approach to generating returns in crypto.

3. USDCV by Societe Generale - Stablecoin
   TVL: $8.9M | 30d Growth: 82.0%
   Issued by the French banking giant Societe Generale, USDCV is a USD-pegged stablecoin. Check out their X profile for more on how tradfi is entering crypto.

4. MTBILL by Midas - Tokenized Fund
   TVL: $21.2M | 30d Growth: 66.6%
   Midas' tokenized Treasury bill fund offers exposure to short-term U.S. government securities. Follow Midas RWA on X to stay updated.

5. USDG by Global Dollar Network - Stablecoin
   TVL: $335.5M | 30d Growth: 46.5%
   A regulated stablecoin from the Global Dollar Network, backed by Paxos. It's built for cross-border payments and has partnerships with big names like Kraken and Robinhood.

6. XAUT by Tether - Stablecoin
   TVL: $2.1B | 30d Growth: 42.0%
   Tether's gold-backed token, XAUT, combines the stability of gold with blockchain efficiency. Tether's massive ecosystem continues to expand.

7. JAAA by Centrifuge - Tokenized Fund
   TVL: $758.4M | 30d Growth: 41.3%
   Centrifuge's tokenized credit fund brings real-world lending on-chain. Explore more at Centrifuge's site.

8. EUTBL by Spiko - Tokenized Fund
   TVL: $6.1M | 30d Growth: 41.0%
   A tokenized EU Treasury bill from Spiko Finance, offering exposure to European government bonds.

9. deUSD by Elixir Protocol - Stablecoin
   TVL: $151.9M | 30d Growth: 33.1%
   Elixir's decentralized USD stablecoin focuses on liquidity in DeFi. Check Elixir's X.

10. MF-ONE by Midas - Tokenized Fund
    TVL: $169.0M | 30d Growth: 25.8%
    Another from Midas, this fund tokenizes real assets for on-chain access.

And the list goes on down to 24, including heavyweights like USDT from Tether ($96.0B TVL, 7.8% growth) and USDC from Circle ($51.3B TVL, 6.1% growth).

Why Are RWAs Booming on Ethereum?

Ethereum remains the go-to chain for RWAs, holding over 50% market share in tokenized assets as of 2025. According to recent reports, the overall RWA market has surged to around $30 billion, driven by institutional adoption and better regulatory clarity. Stablecoins alone have hit record supplies, adding billions in value weekly.

This growth isn't just numbers—it's about real utility. Tokenized funds let you earn yields on Treasuries without leaving crypto, while stablecoins power everything from payments to lending. For blockchain practitioners, keeping an eye on these trends can open up new opportunities in DeFi and beyond.

If you're into memes or other tokens, note how RWAs provide the stable backbone that lets volatile assets thrive. Stable liquidity means more room for experimentation in the meme token space.

Stay tuned to Meme Insider for more updates on crypto trends, including how RWAs intersect with the wild world of memes. What do you think of this RWA surge? Drop your thoughts in the comments!