Bitget CEO Gracy Chen said the tokenization of real-world assets (RWAs) could reshape capital flows and reduce reliance on the U.S. dollar, provided regulatory clarity and infrastructure improve.
What Happened: “If RWAs fulfill their promise, they could reshape global capital flows in profound ways,” Chen told Benzinga in an interview. “By making high-quality assets accessible worldwide, they could reduce reliance on the U.S. dollar as the default settlement currency. That shift won’t happen overnight, but the writing is on the wall.”
Chen emphasized that markets should prepare for this transition with multi-currency settlement systems, robust hedging tools, and regulatory frameworks that enable global participation.
Stablecoins, she added, will remain central to the shift by serving as “the connective tissue between RWAs, DeFi, and traditional markets.”
She described regulatory clarity as the biggest obstacle to widespread adoption, noting that institutions remain …