XRP Ledger is expanding quickly in the real-world asset (RWA) tokenisation market, challenging an Ethereum-centred landscape. It took XRPL 15 months to reach $400 million in tokenised assets, versus 36 months for Ethereum. Data showed growth concentrated in short periods driven by a large issuer, while Ethereum inflows were more dispersed. In enterprise-focused tokenisation, XRPL has overtaken Algorand, Mantle and Aptos, though Ethereum remains far larger overall.

Digital asset infrastructure firm BDACS said on May 13 it will work with layer-1 blockchain platform Aptos to expand the ecosystem for its won stablecoin, KRW1, and cooperate on infrastructure. The partnership focuses on extending KRW1 to the Aptos network and widening use cases using Aptos payment rails and partner networks. Plans include linking with mobile voucher services, payments and wallet infrastructure to build transparent onchain commerce for real-economy use.