Zach Pandl, head of research at Grayscale, defended during an interview at TOKEN2049 in Singapore on October 13 the relevance of major programmable blockchains in the context of an expansion of tokenized finance. His thesis is based on the expected growth of stablecoins, tokenized bank deposits, and the tokenization of financial assets, use cases that require robust smart contract infrastructure. He cites Ethereum, Solana, and BNB Chain as the best-positioned platforms, while emphasizing that increased usage on a blockchain does not automatically guarantee a rise in the price of its native token. Grayscale notes that revenues generated by a tokenized asset do not necessarily translate into higher demand for tokens or increased fees for the network.
Source: Read the original article
