TechFlow news, on October 7, Bybit co-founder and CEO Ben Zhou delivered a keynote speech at the Blockchain for Good Alliance: The Scaling Summit held during TOKEN2049 in Singapore, stating that "RWA (real-world assets) and stablecoins are becoming core pillars of the global financial system," and called on the industry to shift from speculation toward real-world applications.
According to Ben Zhou, the RWA market has grown more than 400% over the past three years, expanding from $5 billion in 2022 to over $30 billion by 2025, with private credit and U.S. Treasuries serving as the main growth drivers. At the same time, the total market capitalization of stablecoins has surpassed $300 billion, with cross-border payments growing over 1,000%, making them critical infrastructure for on-chain settlement.
Ben Zhou pointed out that payment giants such as Mastercard, Visa, PayPal, and Stripe are integrating stablecoin settlements into their global networks, signaling a fundamental transformation in the way global capital flows.
He also outlined Bybit's latest initiatives within the RWA and stablecoin ecosystem:
Launching a new B2B institutional services division;
Becoming the first exchange to accept DFSA-approved tokenized money market funds (QCDT) as collateral;
Establishing a strategic revenue-sharing partnership with Circle to boost USDC liquidity;
Launching tokenized gold and treasury products on the TON blockchain.
Ben Zhou said: "Blockchain is not a tool to replace traditional finance, but to strengthen it. Bybit’s mission is to seamlessly integrate the two, building a more transparent, inclusive, and resilient financial system together."
