Bitwise CIO says institutions show more interest in stablecoins, tokenization than BTC

Interest in stablecoins is spreading among institutions, Bitwise CIO Matt Hougan said, according to Crypto Briefing. After speaking with about 40 global financial advisers, Hougan said he concluded they were showing greater interest in stablecoins and tokenization than in Bitcoin as a speculative investment, with discussions centered on real-world use cases rather than price charts. Hougan added stablecoins are changing how markets view capital markets and payments. He said stablecoins are also closely tied to tokenization, as tokenized assets require a dollar-like token for transactions, a role stablecoins fill.