Stablecoins, representing tokenized real-world assets (RWAs), have become foundational in crypto since their debut in 2014, primarily backed by USD. Current stablecoins like USDT, BUSD, and USDC are USD-pegged, while various nations explore CBDCs tied to their own currencies. A diversified stablecoin ecosystem could emerge if these CBDCs gain traction. RWAs are gaining momentum, enabling low-liquidity assets to be traded more efficiently on blockchain with transparent rules. This tokenization...

Stablecoins, representing tokenized real-world assets (RWAs), have become foundational in crypto since their debut in 2014, primarily backed by USD. Current stablecoins like USDT, BUSD, and USDC are USD-pegged, while various nations explore CBDCs tied to their own currencies. A diversified stablecoin ecosystem could emerge if these CBDCs gain traction. RWAs are gaining momentum, enabling low-liquidity assets to be traded more efficiently on blockchain with transparent rules. This tokenization...