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Tokenizing Real World Assets | Robert Leshner
Bankless
Redefining Dollar-based Assets for Better Value Distribution
2min Snip
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There is a significant opportunity for a revised format of dollar-based assets where the value goes to the holders rather than being concentrated in a single entity. By altering the distribution to benefit the holders more, new competitors can emerge in the market. The excessively high margins of existing entities like Tether may be advantageous in the short term but could hinder their long-term success by paving the way for superior products. Tokenized dollar-based financial assets are seen as a better alternative, sparking a global initiative to introduce improved products in this space.
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