Schwenter also highlighted the benefits of tokenizing real-world assets for emerging markets.
"RWA allows for increased access to capital in areas where traditional financial services are often restricted."
By reducing transaction costs and enhancing liquidity, RWA tokenization promotes financial inclusion.
This will allow emerging markets to take a big step towards the best blended financial system, connecting them to the rest of the world in the best possible way, while transforming industries and empowering individuals across the globe.
Coinbase retired the Coinbase Pro API on June 6 after retail and institutional users switched.