Ethereum Leads in Real-World Asset Tokenization, But Hurdles Remain for Wider Adoption
• Ethereum emerges as leading blockchain for tokenized real-world assets due to ecosystem of applications and user base • Asset tokenization gaining ground but lacks reliable digital cash; stablecoins have vulnerabilities • Tokenized bank deposits and CBDCs developing but interaction with public blockchains unclear • Legal clarity improving in some regions like EU and Singapore but US relies on enforcement actions • Hurdles remain including interoperability, standardization, regulation, and technology risks