TL;DR: We’re picking up where yesterday’s newsletter left off — diving deeper into why BlackRock’s Larry Fink is dead serious when he says “everything will be tokenized,” and then pivoting into Fed Chair Jerome Powell’s latest remarks on stablecoins, crypto going mainstream, and easing up banking rules around digital assets.
Let’s get into it:
Why Larry Fink is Betting the House on Tokenization
Larry Fink keeps repeating: “Everything will be tokenized.”
Most people nod along without really asking why the world’s largest asset manager wants this so badly.
Let’s break it down:
Tokenization isn’t about token pumps. It’s about rebuilding global markets and the puppeteers of said markets are going to make sure they get theirs—because:
24/7 access
Borderless transactions
Programmable assets
No more settlement delays
No more closing bells
No more financial silos
Today’s system is painfully slow. Right now, trillions of dollars sit idle because trades take two or more days to settle. Tokenized markets settle instantly. Faster capital flow → quicker reinvestment → higher velocity → more trading volume → more fees from more asset types → more money for BlackRock.
Tokenization expands the pie. If new asset classes and liquidity are unlocked, BlackRock’s business lines literally expand. New funds. New investors. New revenue streams.
Access becomes global. Tokenization slices assets into tiny pieces. Someone in Indonesia can now own 0.001% of a Manhattan office building or a fractional stake in a major credit fund. Access barriers drop. Global ownership rises.
It’s already happening.
Over $2B+ of U.S. Treasuries are now tokenized and trading 24/7 onchain.
BlackRock’s BUIDL Fund is leading that charge.
DTCC, SWIFT, major banks — all building token rails behind the scenes.
Central banks are actively testing tokenized settlements.
When you zoom out, the drivers are obvious:
Capital wants to move faster.
Investors want more access.
Institutions want more control.
The tech finally exists.
Tokenization is the unlock.
And yes — Fink is right — everything will be tokenized.
But Here’s the Real Question: Who Controls the Tokens?
Not all tokenization is created equal.
Real tokenization requires decentralized primitives.
Capture-resistant systems that aren’t controlled by a few gatekeepers.
If we don’t build the right foundations, we’ll just end up creating FinTech 2.0 — shinier, faster, but still closed and extractive.
This is our window to build it right.
Work together? Sure.
But don’t rest on your laurels.
Now — Let’s Talk Powell, Stablecoins, and Crypto’s Institutional Breakout
IntoTheBlock
Yesterday, at the Economic Club of Chicago, Fed Chair Jerome Powell made it clear:
Crypto is going mainstream.
Here’s what you need to know:
Stablecoins have a “big future” — if regulated properly. Powell said stablecoins like USDC and USDT could become mainstream financial tools — but emphasized the need for strong federal oversight.
Stablecoins are a U.S. power play. Wondering why the U.S. cares so much about stablecoins? Simple: America’s real superpower isn’t just its military — it’s the dollar.
Stablecoins are now the next evolution of dollar dominance:
Dollar access spreads faster than banks could ever deliver.
Network effects stay strong even in countries trying to de-dollarize (like BRICS nations).
USDT, USDC, and others let anyone — from Argentina to Nigeria — transact in dollars without needing a U.S. bank.
It’s smart geopolitical strategy:
Let crypto rails do the distribution.
Let U.S. Treasuries back the stablecoins.
America keeps the economic advantage.
This isn’t new. It’s just the next chapter. First it was Bretton Woods. Then the Petrodollar system. Now — Stablecoins.
Different tools.
Same strategy: keep the dollar at the center of global trade.
Powell Also Dropped These Bombshells:
Legal framework for stablecoins is coming fast. Congress is moving bipartisan legislation forward with the Fed’s full support. Clear rules for stablecoin reserves, audits, and Fed oversight are on the way.
Banks will loosen crypto restrictions. After years of “debanking” crypto firms, Powell acknowledged that regulators went too far. Banks will be encouraged to integrate crypto businesses — carefully — instead of shunning them.
Crypto infrastructure is now a premium play. If stablecoins are the future of dollar distribution, then the DeFi and infrastructure layers servicing stablecoins are massively undervalued.
Translation:
Build or invest in the “plumbing” — not the hype.
Final Nugget:
Larry Fink sees it.
Jerome Powell sees it.
The institutions see it.
Tokenization and stablecoins aren’t “if” questions anymore.
They’re “how fast” and “who controls it” questions.
If you’re building, investing, or positioning yourself for the next wave:
Focus on real infrastructure.
Focus on capture-resistant systems.
Focus on ownership of the rails — not just riding them.
The future is already being minted.
Adjust accordingly.
⚡ Stay ahead. Stay Nugg’d.
—Nick
Founder, CryptoNuggs
*We’re over 1,000 readers strong across socials and one of the fastest growing newsletters in the space on Beehiiv. Share this nugget with someone who still thinks tokenization is just a buzzword.
