Tokenized real world assets (RWA) from Wall Street giants will become competitors to stablecoins such as Tether (USDT), writes Bloomberg. Token issuers expect that people will continue to use stablecoins for payments, but will prefer to store funds in digital instruments with profitability.

Tokenized real world assets (RWA) are a relatively new sector of the crypto economy. It includes projects that transfer the value of any real assets to the blockchain. These are real estate, securities, national currencies or art objects.