Tokenized Assets: An Alternative to USDT Stablecoin with Yield and Liquidity
Date: 2024-10-28 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
According to Bloomberg, these companies have begun talks with major cryptocurrency exchanges and brokers to implement their tokenized assets as collateral. This move could create serious competition for the USDT stablecoin, which has traditionally been used to store capital and settle accounts but does not have the ability to generate passive income. In contrast, tokenized assets offer investors the opportunity to not only preserve their funds in digital form but also to profit from the growth of the underlying asset.
To date, many cryptocurrency users still use stablecoins such as USDT to conduct transactions, as they are pegged to stable currencies and are not subject to significant price fluctuations. However, as Bloomberg analysts note, the growing interest in tokenized assets with real returns creates the preconditions for investors to begin to give preference to digital instruments that provide profit potential. A new sector of the crypto market, called RWA tokens (Real World Assets), includes tokens backed by real assets such as securities, national currencies, works of art, and even real estate. These instruments allow the real value of tangible assets to be transferred to the blockchain, expanding the possibilities for investment income and attracting users.
One of the key reasons why experts see the future in RWA tokens is the possibility of receiving high interest income. Unlike stablecoins, which are fixed to the value of the dollar or another currency, the value of RWA tokens depends on the price dynamics of the underlying asset. This allows investors to benefit from the possible growth in the value of such tokens. If the underlying asset, for example, gold, stocks, or other resources, grows in price, token holders can count on additional profits while maintaining the liquidity of funds.
Experts believe that as the tokenized asset market expands, investors will be able to store their capital in digital tokens tied to gold, stocks, and other valuable assets that can generate higher returns than stablecoins like USDT and its analogues. Such investments will be attractive to a wide range of users who want to earn money in the cryptocurrency market while minimizing the risks of traditional volatile crypto assets.
An example of the growing interest in the tokenization of real assets can be considered the recent actions of Tether, which proposed to the Turkish government to create tokens based on blockchain technology tied to the value of strategically important resources, such as boron and its derivatives. This proposal emphasizes that tokenization not only allows you to attract investment, but can also be used as an effective way to store and account for national resources.
Thus, tokenized assets based on real assets can become a promising alternative to stablecoins. They provide users with the opportunity not only to preserve the liquidity of funds, but also to earn income due to the increase in the value of assets. As interest in blockchain technologies and tokenization grows, experts expect this sector of the crypto market to develop and attract more and more investors seeking to combine the capabilities of traditional financial instruments with the innovative benefits of blockchain.
