Relevance of tokenization, RWAs, and stablecoins

  • Date: 23-Apr-2024
  • Source: Arabian Post
  • Sector:Real Estate
  • Country:UAE
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Relevance of tokenization, RWAs, and stablecoins

Arabian Post -Pierre Person As the CEO of Usual, a groundbreaking project set to issue a Real-World Asset (RWA)-backed stablecoin, I am acutely aware of the transformative power of tokenization in the financial landscape, particularly in the burgeoning market of the United Arab Emirates (UAE). As we stand on the cusp of TOKEN 2049 in Dubai, a major event in the Web3 sphere, it’s imperative to discuss the relevance […]

via Relevance of tokenization, RWAs, and stablecoinsArabian Post -Pierre Person

As the CEO of Usual, a groundbreaking project set to issue a Real-World Asset (RWA)-backed stablecoin, I am acutely aware of the transformative power of tokenization in the financial landscape, particularly in the burgeoning market of the United Arab Emirates (UAE). As we stand on the cusp of TOKEN 2049 in Dubai, a major event in the Web3 sphere, it’s imperative to discuss the relevance of tokenization, RWAs, and stablecoins, which are trending across the crypto world.

Tokenization, especially in the UAE, presents unique opportunities and challenges. The region has shown a pronounced interest in digital assets beyond the typical of Bitcoin and Ethereum, with real estate tokenization emerging as a significant trend among others. Events in Dubai are a testament to this