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Binance founder CZ urges governments to tokenize stock markets and launch sovereign stablecoins
Binance founder Changpeng Zhao (CZ) has called on governments to tokenize their stock markets and issue sovereign stablecoins, arguing that blockchain technology can expand access to capital markets and increase the global use of national currencies. In an X post on Wednesday, CZ said countries should "tokenize their stocks, allowing worldwide buyers." He also urged governments to issue their own stablecoins, citing it as a way to “expand their currency's usage on the blockchain." The comments come as tokenization gains momentum across both crypto and traditional finance. Major financial institutions, ... (full story)
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