CZ: Rapid Growth of RWA Development Exceeds Expectations, Encourages Further Innovation in the Space

BlockBeats News, August 27th, Binance founder CZ stated at today's offline "Binance Life" book club meeting in Hong Kong, "The rapid development of RWAs is something I did not anticipate, much faster than I expected. Many people want to buy U.S. stocks but cannot open an account. After stocks are put on the blockchain, global trading becomes much easier. I encourage everyone to develop in the RWA field, which has many specific areas, including stablecoins. Real estate on the blockchain may be more challenging because the price fluctuation is not high enough."