Tokenization, Stablecoins, and the Future of Financial Infrastructure

Digital assets are rapidly evolving from speculative investments into foundational financial infrastructure. Stablecoins are supporting real-world payments, institutional adoption continues to accelerate, and regulators are developing new frameworks for digital assets and tokenized securities. Banks and asset managers are increasingly exploring tokenization across money market funds, government bonds, private credit, and other real-world assets to improve settlement, liquidity, transparency, and market access. As regulatory clarity expands, how are financial institutions and technology providers building the next generation of market infrastructure? And what will determine whether tokenization and digital assets achieve mainstream adoption?