PROSPECTS OF USING STABLECOINS AS A PAYMENT INFRASTRUCTURE FOR RWA-TOKENIZATION: A COMPARATIVE ANALYSIS WITH TRADITIONAL FINANCIAL INVESTMENT MODELS
Abstract
The article provides an in-depth analysis of the role of stablecoins as a key element of the payment infrastructure within the ecosystem of real-world asset (RWA) tokenization. With the advancement of blockchain technologies, stablecoins are increasingly viewed not only as a means of payment but as a structural component that ensures liquidity, price stability, and transaction efficiency in tokenized asset operations. The study classifies the main types of stablecoins – fiat-backed, crypto-collateralized, and algorithmic – and examines their market dynamics, mechanisms of value stabilization, practical relevance for both institutional and retail applications.
Particular attention is given to the comparative analysis of the digital “token + stablecoin” model versus the traditional “share + fiat” investment model. The study demonstrates that the digital model surpasses the traditional one in terms of transaction speed, cost-efficiency, transparency, programmability, and global accessibility. The decentralized nature of stablecoin infrastructure eliminates the need for intermediaries, enabling direct interaction between asset issuers and investors. This opens up new opportunities for micro-investing, automated income distribution, and improved transparency of financial flows.
The article analyzes market data showing exponential growth in stablecoin capitalization and transaction volumes during 2024–2025. Transaction volumes in stablecoins have already exceeded those of traditional payment networks such as Visa, indicating their growing dominance in digital finance. The study also reviews real-world use cases of stablecoins by major financial institutions, including tokenized funds by BlackRock and the use of USDC across various institutional instruments.
In conclusion, the article argues that stablecoins are no longer auxiliary tools of the digital economy, but rather fundamental components in building inclusive, transparent, and highly efficient financial ecosystems. Their role in RWA tokenization is critical to enabling new models of capital formation, particularly in transforming or recovering economies. Replacing outdated settlement mechanisms with programmable digital currencies paves the way for a more open and resilient financial architecture. The study underscores the need for regulatory clarity and technical readiness to fully realize the transformative potential of stablecoins in next-generation finance.
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