Posted 3/27/2024, 4:05:00 PM
Tokenization Surges to Build Faster, More Accessible Financial System
- Tokenization of real-world assets like stablecoins and U.S. Treasuries is surging, building financial services on blockchain networks
- These networks act as digital infrastructure to distribute financial services more efficiently
- Benefits include 24/7 trading, faster settlement, and greater accessibility via mobile
- Ideal outcome is a faster, cheaper, more transparent, and accessible financial system
- Example assets being tokenized include U.S. dollars, gold, and Treasuries generating yield
