[Robinhood Chain August TVL Growth Exceeds 45%, Tokenized RWA Share Drops from 33% to 6%] According to The Block, Robinhood Chain's total value locked (TVL) grew by over 45% in August, surpassing $540 million. On-chain tokenized real-world assets (RWA) reached $32 million, a month-on-month increase of 120%. Notably, the proportion of RWA in the chain's TVL dropped from nearly one-third in early July to the current 6%. The TVL growth rate was approximately seven times that of RWA, despite Robinhood previously positioning tokenized stocks as the chain's core selling point. The market value of stablecoins on the chain reached $640 million, growing by over 22% within the month. Among them, USDe grew nearly 50% from early August to $286 million, accounting for 44% of the total stablecoins on the chain. Meanwhile, the native stablecoin USDG hovered between $330 million and $350 million during the same period, after initially capturing 92.7% of the supply share in its first week of launch.