CITIC Securities: Accelerated Stablecoin Compliance Ushers in the "Equity Era" of Asset Tokenization

According to a report by CSC Financial, the compliance process for stablecoins is accelerating, ushering in the "equity era" of asset tokenization. The global regulatory framework for stablecoins is rapidly taking shape, and the current market focus has shifted from cross-border payments to asset tokenization (RWA). The core value drivers behind this shift are the release of liquidity and the improvement of settlement efficiency.