PayPal, BlackRock, Fidelity – The rise of Ethereum’s 18.6 billion dollar tokenization

In 2025, PayPal’s PYUSD recorded 18.6 billion USD in transfers, indicating significant growth. Meanwhile, tokenized funds on Ethereum skyrocketed by 2,000%. Despite this, ETH continues to trade below 3,500 USD, facing challenges including weak momentum and low trading volumes.