The Growth of Fiat-Backed Stablecoin Market Cap: A Leading Use Case for Blockchain
CryptoRankThis is evidence that blockchain technology, combined with tokens backed by real assets such as fiat money, is the best use case of blockchain technology so far.
Further tokenization of different asset classes is very likely the main vector of future market development.
These asset classes may vary from stocks and real estate to in-game points, armor, achievements, and different types of intellectual property.
The main question for us is: how can we profit from the tokenization trend as regular users?
Disclaimer: This post was independently created by the author(s) for general informational purposes and does not necessarily reflect the views of ChainRank Analytics OÜ. The author(s) may hold cryptocurrencies mentioned in this report. This post is not investment advice. Conduct your own research and consult an independent financial, tax, or legal advisor before making any investment decisions. The information here does not constitute an offer or solicitation to buy or sell any financial instrument or participate in any trading strategy. Past performance is no guarantee of future results. Without the prior written consent of CryptoRank, no part of this report may be copied, photocopied, reproduced or redistributed in any form or by any means.
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