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199. Insights: Real world assets on-chain: changing the future of ownership
Blockchain Insider Podcast by 11:FS
**Bringing Tokenization to DeFi **
Stable coins, like stable coin 1.0, have real utility for efficient money transfers and settlements. However, the future of stable coins, or stable coin 2.0, is uncertain due to the lack of a legal regime at the federal level in the United States. Tokenized cash equivalents, also known as yield-bearing stable coins, are becoming popular among traders who want to maximize their asset yield. The use of DeFi protocols in tokenization raises regulatory questions, but there are interesting approaches to address them. The acceptance of DeFi by institutional finance is still uncertain, but similar doubts arose during the early days of the internet regarding privacy and security.
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