The RWA Weekly Roundup (17–24 November 2025) In the past week, tokenization accelerated in institutional finance, stablecoin architecture evolved, and global banks edged toward tokenised deposits. → Securitize joined forces with Plume Network to bring institutional-grade tokenised funds onchain. → Tether made a strategic investment in Parfin to deepen USDT adoption and settlement infrastructure in Latin America. → Obex raised $37 million to incubate yield-generating stablecoins backed by real-world assets. → ISDA responded to the CFTC’s tokenised collateral and stablecoin initiative, highlighting frameworks for asset-tokenisation and regulatory risk. → Trust Stamp unveiled a new stablecoin architecture designed to comply with the GENIUS Act and power regulated payment infrastructure.