Mantle reaches $880 million in stablecoins and tokenized assets

Mantle has reached approximately $880 million in combined stablecoins and tokenized assets. This total includes roughly $550 million in stablecoins—with USDT accounting for about $440 million—and $330 million in tokenized assets.

The network supports 985 distinct tokenized assets across six categories, including commodities, stocks, U.S. Treasuries, and yield-bearing assets. Mantle expanded its tokenized equity selection from 10 products in April to 155 by late June.

Network growth is also reflected in user activity, with unique addresses on the Mantle Mainnet increasing from 697,000 in January 2024 to 7.7 million in August. While total asset value has climbed by 54% year-to-date, market analysts are monitoring whether this fundamental growth will translate into a sustained increase in the MNT token price.