Stablecoins Herald New Wave of On-Chain Assets as RWA Space Matures: Ondo CEO
The surge in stablecoin adoption is merely the beginning of a broader movement toward tokenized real-world assets, according to ONDO Finance CEO Nathan Allman. Circle's recent IPO has amplified interest in blockchain innovation, with CRCL shares jumping 70% to $250 amid regulatory tailwinds from the GENIUS Act.
Tokenized Treasurys have gained traction among institutional players like BlackRock and Franklin Templeton. Ondo's upcoming platform aims to expand access to US stocks, bonds, and ETFs through blockchain infrastructure. While private market tokenization attempts have historically faced hurdles, Allman notes that standardization and documentation improvements must precede widespread adoption.