Bybit CEO: RWA & Stablecoins Drive Future Finance

Tokenization Moves From Trend to Foundation

At TOKEN2049 Singapore’s : The Scaling Summit, Co-founder and CEO Ben Zhou laid out a bold vision: the next chapter of digital finance will be built on real-world assets (RWA) and stablecoins. Zhou urged the industry to move beyond hype and embrace utility, arguing that RWAs and stablecoins have matured into critical infrastructure for global finance.

The numbers back him up. The RWA sector has grown over 400% since 2022, from $5 billion to over $30 billion today, driven by institutional entry into private credit and tokenized U.S. Treasuries. Firms like BlackRock, JPMorgan, and Franklin Templeton are actively shaping this space. And by 2030, forecasts from McKinsey and could top $4 to $30 trillion.

How Stablecoins Became the New Global Rails

Zhou also spotlighted stablecoins as the silent force now powering blockchain’s practical use. With $300B+ in market cap as of September 2025 and 1,000% growth in cross-border usage this year alone, stablecoins have evolved into essential payment tools for on-chain commerce and institutional settlement.

Tech and payment giants including Visa, Mastercard, PayPal, and Stripe are integrating stablecoin rails into their global infrastructure. “When companies that serve hundreds of millions embrace blockchain payments,” Zhou said, “we’re witnessing a foundational shift in how value moves across borders.”

Bybit’s Strategic Playbook for the RWA Era

Bybit is positioning itself not just as an platform, but as a key facilitator of the TradFi-to-DeFi transition. Zhou outlined several initiatives anchoring this strategy:

• New B2B Division: Dedicated business unit to onboard institutions and enterprises into crypto.
• QCDT Collateral Partnership: First to accept a DFSA-approved tokenized money market fund as collateral, through a deal with QNB Group, DMZ Finance, and Standard Chartered.
• Circle Integration: Strategic revenue-sharing alliance to drive USDC adoption and boost stablecoin liquidity.
• RWA Products: New tokenized gold instruments on TON blockchain and U.S. Treasury bill offerings via Bybit Earn.

These steps place Bybit in a strong position to serve both DeFi users and legacy institutions, bridging infrastructure gaps while maintaining regulatory momentum.

What Comes Next: From Infrastructure to Mass Adoption

As blockchain infrastructure matures, utility—not speculation—is defining the narrative. Zhou believes that the winning projects will be those that integrate traditional financial standards into blockchain-powered services while maintaining transparency and inclusiveness.

“The future belongs to those who view blockchain not as a replacement for traditional finance,” he said, “but as a tool to strengthen it.” Bybit’s roadmap suggests a future where tokenized assets and stablecoin settlement become everyday instruments for trading, investment, and payment across institutional and retail layers alike.