TON Foundation Expands APAC Payments as Ethereum's RWA Market Surges
TON Foundation Expands APAC Payments as Ethereum's RWA Market Surges
The crypto ecosystem sees significant developments with TON Foundation partnering with Banxa to expand stablecoin payment infrastructure for Asia-Pacific merchants, aiming to bolster the adoption of TON-based payments. Concurrently, Ethereum continues to demonstrate robust growth, with its tokenized real-world asset (RWA) market experiencing a remarkable jump of over 300% year over year, now exceeding $17 billion as more traditional finance institutions embrace onchain solutions.
TON Foundation Boosts Stablecoin Payments in APAC
The TON Foundation has announced a strategic partnership with OSL’s Banxa, a move designed to significantly expand stablecoin payment infrastructure for merchants across the Asia-Pacific region. This collaboration leverages TON's robust infrastructure to facilitate broader adoption and utility for stablecoins in commercial transactions within APAC, indicating a strong push towards real-world integration for the network.
Ethereum's Tokenized RWA Market Soars
In parallel, the Ethereum ecosystem is witnessing an extraordinary surge in its tokenized real-world asset (RWA) market. The market capitalization has now surpassed $17 billion, marking an impressive increase of over 300% year over year. This substantial growth is largely attributed to the increasing participation of traditional finance giants, who are actively integrating their assets and operations onto the blockchain, underscoring Ethereum's pivotal role in bridging traditional finance with decentralized technologies and driving further adoption.