RWA Weekly: South Korean government accelerates stablecoin legislation; Standard Chartered-led company may launch HKD stablecoin HKDAP this month This week, the total on-chain market value of RWA increased by 3.83% week-on-week to $36.82 billion, with over 300,000 net new holders in a single month, hitting a record high. The influx of investors is noticeably speeding up.