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TradFi Advisors Favor Stablecoins and Tokenization Over Bitcoin

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According to Bitwise's Matt Hougan, traditional financial advisors are showing stronger interest in stablecoins and asset tokenization than in Bitcoin. This shift reflects a preference for regulated, income-generating crypto products over Bitcoin's speculative nature. Hougan noted that engaging advisors on Bitcoin remains challenging, highlighting a divergence between retail and institutional crypto adoption. Stablecoins offer yield and efficiency for payments, while tokenization promises to revolutionize asset management through blockchain-based fractional ownership. This trend suggests that institutional crypto adoption may prioritize utility over store-of-value narratives, potentially impacting Bitcoin's dominance. However, Bitcoin's role as a macro hedge remains intact, and regulatory clarity could eventually bridge this gap.

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