Tokenization is Already Helping the World’s Vulnerable. Here’s How – BitRss

The tokenization of real-world assets has captured the imagination of financial institutions worldwide—delivering faster payments at lower cost, complemented by greater levels of automation.

Stablecoins, digital assets that can be redeemed for fiat currencies like the U.S. dollar at a 1:1 ratio, now have a total market capitalization above $220 billion as Washington spearheads efforts to introduce clearer regulations.