Tokenization and stablecoin adoption
Tokenization momentum faces pushback from 50 issuers objecting to OKX/ICE tokenizing their shares, while HSBC's RedCoin and CZ's comments point to growing local-stablecoin adoption.
What we know
50 issuers now object to OKX/ICE tokenizing their shares. HSBC's RedCoin reached 50,000 users in a week, and CZ expects more local stablecoins. @toly says tokenization is inevitable.
Sources
@CoinDesk
“HSBC's Hong Kong dollar stablecoin RedCoin hits 50,000 users in its first week”
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