How Tokenized Assets Can Replace Money

The greater the number of tokenized assets, the easier it gets to use them directly for payments without first cashing them out into bank deposits, CBDCs, or stablecoins, reducing transaction costs. If any asset can be tokenized, fractioned, and then seamlessly transferred on blockchains, you could always use your tokens for payment, no matter what your tokens represent — from securities or Bored Apes to houses or airline tickets.

Source: https://www.coindesk.com/consensus-magazine/2024/01/17/how-tokenized-assets-can-replace-money/?utm_medium=referral&utm_source=rss&utm_campaign=headlines