The RWA Foundation’s latest quarterly report counts 717 stablecoin deployments, a figure that is substantially higher than the approximately 189 to 193 stablecoin assets listed in Market Structure Reports published from late August through September 2026. The difference reflects separate measurements: an asset is the stablecoin itself, while a deployment can represent an instance operating on a particular blockchain. The Foundation tracks issuers across networks including Ethereum and Solana, working with analytics firm Token Terminal on regular reports covering tokenized assets and stablecoins. Recent reports put combined stablecoin market capitalization between $298.8 billion and $301.4 billion, while total supply is approximately $302.5 billion, described by the Foundation as modest growth from earlier periods. USDT and USDC continue to dominate, although the reports identify notable 30-day inflows into USDC, USDS and RLUSD. The Foundation also tracks tokenized funds, credit, commodities and equities, with more than 10,000 tokenized assets referenced across the wider market. That broader tokenized real-world asset market held an estimated distributed value in the mid-$30 billion range as of mid-2026. Data is available through rwa.xyz, which includes regulatory information and market-flow data. The figures highlight both the scale of on-chain dollar liquidity and the fragmentation that can arise when assets operate across multiple blockchains, increasing the importance of bridges, cross-chain tools and issuer coordination.