Why Brazil's Biggest Institutions Chose XDC, XRP Ledger, and Polygon for Tokenization

Brazil has become Latin America's largest RWA tokenization market, with $1 billion in real-world assets tokenized across three dominant blockchains. XDC leads with 49% market share thanks to its institutional-grade speed and ISO 20022 integration, XRP Ledger holds 31% by offering native liquidity and a built-in decentralized exchange, and Polygon captures 9% by controlling the payment and trading infrastructure layer. Progressive regulation from Brazil's CVM and Central Bank created the sandbox that made it all possible — and the real test of whether this scales begins in 2026.