Going to See More Stablecoins in Alts: Morgan Krupetsky
Summary
Ava Labs VP Morgan Krupetsky highlights on Bloomberg Crypto how tokenization and stablecoins can address challenges in the declining private credit market, offering insights into alternative asset infrastructure amid a downturn for money managers.
Key Insights
What are stablecoins and why are they increasingly used in alternative assets?
Stablecoins are tokenized digital dollars or programmable cash equivalents designed to maintain a stable value, serving as a foundation for tokenizing assets like private credit and money market funds to enable faster settlements and liquidity in institutional markets.[1][3][4]
Sources:
[1]
How has recent SEC regulation impacted stablecoin adoption by broker-dealers?
The SEC recently lowered capital reserve requirements for broker-dealers holding qualifying stablecoins, treating them nearly as cash equivalents, which makes it operationally and economically feasible to scale stablecoin usage for subscriptions, redemptions, and institutional applications.[1]
Sources:
[1]