The RWA Foundation released its Q3 2026 report, showing that the tokenized credit market reached a market capitalization of $6,17 billion as of October 1, 2026. This figure represents a 2,8% decline compared to the $6,35 billion recorded on July 3.
Despite the drop in total value, the number of unique holder addresses increased by 12,1%, reaching 28 840. The sector currently comprises 64 distinct assets managed by 13 issuers across 16 different blockchain networks.
Maple Finance experienced the largest decline in market cap, losing $402,7 million. However, the platform also led in user acquisition, adding 2 160 new addresses, which represents approximately 69% of the total net growth in holders for the sector.
Issuers Hastra and USDai collectively added $372,5 million to their market capitalization during the quarter. Market concentration remains high, with two issuers controlling more than 60% of the total tokenized credit market.
