Former CFTC Chairman Chris Giancarlo:
Debt and equity securities” are increasingly going to be issued in tokenized form.
Giancarlo says banks that recognize the opportunity in tokenized deposits and stablecoins will move forward.
The financial system is being rebuilt onchain.
Five years ago @Ripple was in a courtroom. Today the U.S. Treasury Secretary is on its stage. That is the entire story of this industry in one sentence.