We've entered a global race to tokenize money and capital markets: 🏦 The blockchains and issuers of tokenized assets that emerge as winners from this race could very well grow into the world's most valuable businesses over the coming decade. 👥 Tokenization turns 5.6 billion internet users into potential buyers of U.S. dollars and debt (via stablecoins) and U.S. securities (via tokenized stocks). 💳 Stablecoins backed by U.S. T-Bills and tokenized forms of U.S. equities create new investor demand that lowers (i) borrowing costs for the U.S. government, and (ii) the cost of capital for U.S. corporations. 🔄 The result is a powerful growth flywheel: cheaper access to capital → more reinvestment → better products, in the form of a stronger dollar currency and strengthened U.S. corporate dominance globally. 💹 The issuers that tokenize these assets and the underlying blockchains that they operate on are positioned to build generational businesses aligned with the strategic interests of one of the world's most powerful governments. 🌎 The economic advantages of asset tokenization are too good to ignore, which is why we believe that all other major nations and economic zones will try to follow the U.S. playbook when it comes to stablecoins and asset tokenization.