The United States Federal Reserve has announced that it would soon be organizing a conference on innovation and tokenization of payments in what is transformed into a large week of developments for the tokenization of real assets (RWA).
The Federal Reserve Board announced Wednesday that it would organize a conference on payments innovation on October 21, bringing together industry experts to discuss “how to innovate and further improve the payment system”.
The conference will offer group discussions on several aspects of payments innovation, he said. These include token financial products and services, the convergence of traditional and decentralized finance (DEFI), use cases and emerging business models, as well as the intersection of artificial intelligence and payments.
“I can’t wait to examine the opportunities and challenges of new technologies, to bring together ideas on how to improve the security and efficiency of payments, and hearing those who help shape the future of payments,” said Fed governor Christopher Waller.
The emphasis on the RWA tokenization intervenes in the midst of an increased interest of Wall Street for the tokenization after the adoption of the key legislation of the stable in July and a peak in the Inchaine value for the tokenized assets.
Rwa Onchain Value Strike Ath
It also occurs while the onchain value of real assets tokenized is at a historic summit of $ 27.8 billion, increasing by 223% since the start of this year, according to Rwa.xyz. Most of this is dominated by the tokenized private credit and the debt of the American treasury.
In relation: The $ 400T tradfi market is a huge track for Rwas Tokenized: Animoca
Ethereum remains the standard blockchain of the industry for tokenizing assets, with a market share of 56%, including stablecoins, and more than 77% if you include layer 2 networks.
Ondo Finance is launching the American tokenized tokenized stock platform
This week too, the crypto-oracle chainlink supplier announced a partnership with the Ondo Finance tokenization platform for its recently launched global marketes RWA platform, which was described as “Wall Street 2.0”.
The initiative provides more than 100 US shares tokenized and negotiated funds on the stock market.
Ondo Finance said on Wednesday that the new platform, announced in February, is now live on Ethereum for non -American investors.
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