Several stablecoins lost their peg following the Stream collapse, while the real-world asset market reached $35.83 billion and the UK moves toward US-aligned stablecoin regulations.
The collapse of Stream caused multiple stablecoins to lose their peg, unsettling parts of the crypto market. Meanwhile, the real-world asset (RWA) sector has grown to a total value of $35.83 billion, involving more than 530,000 holders. In regulatory developments, the United Kingdom announced plans to introduce stablecoin oversight aligned with that of the United States.