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Showing posts with the label stablecoins

Bybit CEO on how stablecoins and RWAs are powering the next era of finance

Bybit co-founder and CEO Ben Zhou outlined his vision for the future of digital finance at the Blockchain for Good Alliance (BGA): The Scaling Summit in Singapore, a TOKEN2049 side event, emphasizing that real-world assets (RWAs) and stablecoins have moved beyond speculation to become essential pillars of the global financial system.  From speculation to real-world adoption Zhou cited recent data showing that the RWA market has grown more than 400% over the past three years, from approximately $5 billion in 2022 to over $30 billion in 2025. Private credit and U.S. Treasuries account for the largest share, at $14.7 billion and $7.3 billion, respectively.  He referenced forecasts from McKinsey and Standard Chartered, estimating that tokenized assets could reach between $4 trillion and $30 trillion within a decade. Stablecoins, meanwhile, have become a central pillar of on-chain activity, with a market capitalization exceeding $300 billion as of September 202...

For withdrawals, Binance.US requests that users convert USD into stablecoins.

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In the realm of crafting content, three pivotal elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text. Meanwhile, burstiness assesses the diversity of sentence structures. Finally, predictability measures the likelihood of anticipating the subsequent sentence. Humans often weave narratives with increased burstiness, interweaving longer or intricate sentences with concise ones. On the contrary, AI-generated sentences tend to exhibit more uniformity. As I guide you in creating the forthcoming content, the aim is to infuse it with a substantial amount of perplexity and burstiness, coupled with a minimal level of predictability. Additionally, the directive is to adhere to the English language exclusively. Now, let’s reimagine the provided text: Binance.US users now possess the option to “potentially convert” their holdings in U.S. dollars into stablecoins or alternative d...