Federal Reserve to Host Conference on Payments Innovation and Tokenization, RWA Onchain Value Hits ATH

The US Federal Reserve is hosting a conference on payments innovation and tokenization on October 21, focusing on topics like tokenizing financial products, converging traditional and decentralized finance, and emerging stablecoin use cases. The onchain value of tokenized real-world assets reached an all-time high of $27.8 billion, surging 223% since the beginning of the year. Ethereum remains the industry standard blockchain for tokenizing assets, with a market share of 56%, including stablecoins, and more than 77% if including layer-2 networks. Ondo Finance has launched a tokenized US stock platform, bringing more than 100 tokenized US stocks and exchange-traded funds onchain.

The US Federal Reserve has announced plans to host a conference on October 21 to discuss payments innovation and tokenization. The event aims to explore the convergence of traditional and decentralized finance, new use cases for stablecoins, and the tokenization of financial products and services. The conference will also delve into the intersection of payments and artificial intelligence.

Governor Christopher Waller, in an announcement, emphasized the importance of innovation in the payments system. He highlighted the need to understand and leverage new technologies to enhance the safety and efficiency of payments. Waller also underscored the potential of stablecoins as market-driven solutions, stating that the Federal Reserve should engage further with industry innovators to improve existing platforms and services.

The Federal Reserve is deeply involved in the payments business, managing programs like FedNow and Fedwire Funds Service. The FedNow real-time payments program, launched in July 2023, has seen significant growth, with over 1,400 participating banks and $2.7 billion in daily transactions. Waller has called for private sector-led innovation to drive payment system advancements.

The conference comes at a time when the onchain value of tokenized real-world assets (RWAs) has reached an all-time high of $27.8 billion, surging 223% since the beginning of the year. Ethereum remains the industry standard blockchain for tokenizing assets, with a market share of 56%, including stablecoins, and more than 77% if including layer-2 networks. The rise of tokenized RWAs and stablecoins is being driven by major institutions such as BlackRock and Franklin Templeton, which are already running billions in funds on-chain. The U.S. is following the lead of Europe and Asia in developing regulatory frameworks for tokenized assets.

Ondo Finance has recently launched a tokenized US stock platform, bringing more than 100 tokenized US stocks and exchange-traded funds (ETFs) on-chain. This development underscores the growing mainstream adoption of tokenized assets, with retail users now able to access tokenized Treasuries and ETFs through everyday apps like wallets and exchanges.

References:
1. [https://cryptorank.io/news/feed/3e9df-fed-to-host-a-conference-on-tradfi-defi-ai](https://cryptorank.io/news/feed/3e9df-fed-to-host-a-conference-on-tradfi-defi-ai)
2. [https://crypto.news/2025-will-make-tokenized-real-world-assets-mainstream/](https://crypto.news/2025-will-make-tokenized-real-world-assets-mainstream/)