Markets react in minutes. Real change happens over time.

Short-term FUD almost always overreacts to noise, while long-term fundamentals tend to compound quietly.

For those building in RWAs and stablecoins, the growth in structural adoption is more important than near-term volatility.

— Jeremy Ng, Founder and CEO

https://x.com/jeremyng777/status/2001486378438426760?s=20

At Chainlink SmartCon, our CEO Jeremy Ng shared why USDO is becoming a trusted building block for on-chain finance:

✔️ Fully regulated in Bermuda
✔️ Backed by tokenized T-bills, with TBILL Fund managed & custodied by BNY
✔️ Supported by Chainlink PoR & CCIP for transparency and interoperability

Watch his interview to learn more about how OpenEden is building the foundation to tokenize global finance.

https://x.com/OpenEden_X/status/2001904604129432023?s=20

#OpenDigest | 19 December 2025

Each week, we bring you the biggest headlines, sharpest insights, and key updates on stablecoins, tokenized RWAs, and the OpenEden ecosystem.

🟣 Stablecoin & RWA Market Pulse
→Total stablecoin market cap: $308.632B
→Total RWA on-chain market cap: $18.95B
→Total stablecoin holders: 211.47M
→Total RWA assets holders: 578,191

🟣 Top Headlines
→ Tokenized US Treasuries and money-market funds now sit at roughly $9 billion, with an average seven-day yield near 3.8%. The growth in the period was more than five times
→ Coinbase to launch Coinbase Tokenize, an institutional platform designed to bring RWAs on-chain.
→ US Federal Deposit Insurance Corporation (FDIC) proposes first US stablecoin rule to emerge from GENIUS Act
→ Visa is launching a stablecoin settlement service in the US, underscoring growing institutional interest in blockchain-based payment rails
→ Moody's Ratings proposes stablecoin ratings framework focused on reserve quality

🟣 OpenEden's Updates
→ EDEN is now listed on Bitvavo, the world’s largest EUR-spot exchange
→ Our Founder and CEO Jeremy Ng will join senior leaders from Binance, Bitget Wallet, COTI Group and Luna PR on the jury panel of CoinGape News’s Crypto Impact Awards 2025
→ Team OpenEden was in Dubai for Binance Blockchain Week
→ The governance proposal to add a gauge for Curve Finance's cUSDO/USDC pool on Ethereum has been passed
→ EDEN is now listed on South Korea’s leading exchange, Bithumb
→ Last trip of the year for OpenEden was to UAE for Solana Breakpoint
→ Watch our Founder and CEO Jeremy Ng’s interview at Chainlink Labs SmartCon, where he shared how USDO is becoming a trusted building block for on-chain finance

✅ Read the full digest on our X: https://x.com/OpenEden_X/status/2001953760327954685?s=20

Last night, CZ shared in his AMA that:

Stablecoin 1.0 was about stability and transactions.
Stablecoin 1.5 added yield.
Stablecoin 2.0 will require yield + liquidity + compliance, all wrapped in a form that exchanges, institutions, and DeFi can plug into.

This has been the direction that we took when we designed USDO and cUSDO, before the market even started leaning towards productive stablecoins.

CZ’s involvement in discussions with global leaders on tokenizing national assets is also a signal of increasing acceptance of RWAs.

The next cycle will belong to those who deliver real-world yield and real utility on-chain.

— Jeremy Ng, Founder and CEO

https://x.com/jeremyng777/status/2001968739856855492?s=20

Solana will be a leading hub for RWAs, stablecoins, and DeFi.

cUSDO adds a new building block to that foundation: a regulated, yield-bearing asset fully backed by tokenized US Treasuries, designed for seamless integration across Solana’s ecosystem.

Here’s how we’re bringing cUSDO to Solana: https://openeden.com/news/openeden-launches-cusdo-yield-bearing-stablecoin-on-solana/

https://x.com/OpenEden_X/status/2003105317916377446?s=20

USDO is now live on Kaia Chain.

As Kaia builds the stablecoin layer for Asia and connects on-chain finance with everyday apps across the region, USDO—a regulated, yield-bearing stablecoin—introduces safe, consistent Treasury-backed yield into the ecosystem.

A stronger foundation for payments, DeFi, and on-chain capital markets across Asia.

→ https://app.openeden.com/usdo?chain=kaia

Tokenize global finance with OpenEden’s end-to-end RWA tokenization platform.

https://cointelegraph.com/news/tokenization-disrupt-finance-faster-digital-disrupted-media

Wishing everyone a Merry Christmas and joyful holiday season!💜

Treasuries are increasingly used on-chain as yield-bearing collateral and settlement assets, and that’s the direction we’ve been building toward with TBILL and USDO; both designed for real on-chain utility and institutional use.

https://cryptoslate.com/tokenized-us-treasuries-silently-replaced-defis-foundation-and-you-missed-the-critical-9-billion-shift/

https://x.com/openeden_x/status/2004226722963820618?s=46&t=g9jiurzMqq0tU6Xn3xtFqQ

#OpenDigest | 26 December 2025

Each week, we bring you the biggest headlines, sharpest insights, and key updates on stablecoins, tokenized RWAs, and the OpenEden ecosystem.

🟣 Stablecoin & RWA Market Pulse
→Total stablecoin market cap: $308.381B
→Total RWA on-chain market cap: $19.04B
→Total stablecoin holders: 213.44M
→Total RWA assets holders: 593,901

🟣 Top Headlines
→ J.P. Morgan said that stablecoin supply could reach $500 billion to $600 billion by 2028
→ Token Terminal data showed that market capitalization of stablecoin is at an ATH of $310 billion
→ The Federal Reserve released a research note highlighting the growing impact of stablecoins on traditional banks
→ The President of MoonPay, Keith A. Grossman, says tokenization will reshape the financial industry faster than digital technology has upended legacy media

🟣 OpenEden's Updates
→ OpenEden will launch cUSDO, the wrapped token of USDO, a regulated yield-bearing stablecoin fully backed by tokenized US Treasuries, on Solana
→ EDEN/USDC spot trading pair is now available on MEXC
→ USDO is now live on Kaia

✅ Read the full digest on our X: https://x.com/OpenEden_X/status/2004456017762082932?s=20

“Stablecoins (and tokenized RWAs) have crossed the line from crypto plumbing to financial infrastructure.” — Jeremy Ng, Founder & CEO.

With the rapid growth of stablecoins and tokenized RWAs this year, it's not surprising that they both made the list in CryptoSlate’s Top 12 crypto winners of 2025.

Stablecoins are fast becoming the settlement rail, with RWAs as the asset layer.

https://cryptoslate.com/the-12-crypto-winners-of-2025-who-got-it-right-this-year/

RWA’s 2025 growth is impressive, but this is just the start.

Launched this year, USDO is a regulated, yield-bearing stablecoin fully backed by tokenized US Treasuries. Its wrapped version, cUSDO, is fully composable and is already actively deployed across DeFi protocols.

Heading into 2026, OpenEden will expand its tokenization platform to bring capital markets on-chain and accelerate the adoption of tokenized RWAs.

https://x.com/OpenEden_X/status/2005930382768882111

2025 has been a milestone year for OpenEden.

We scaled regulated, institutional-grade RWA infrastructure: launching new products, deepening partnerships, and bringing real-world yield into DeFi, institutions, and payments.

👉Check out what we've shipped this year here: https://x.com/OpenEden_X/status/2006323004964561032?s=20

This year, we built. And next year, we’ll scale.

Thank you to everyone who supported OpenEden throughout 2025.

Wishing you all a Happy New Year and a great 2026 ahead.