TL;DR:
- CZ urged governments to tokenize their stock markets and issue national stablecoins backed by fiat currency.
- Real-world assets tokenized on public blockchains reached $32 billion by mid-2026, up from $6 billion the previous year.
- CZ currently advises Pakistan and Kyrgyzstan on crypto initiatives. Binance received approval to operate in Kazakhstan.
Changpeng Zhao, founder of Binance and also known as CZ, urged governments around the world to migrate their stock markets to blockchain networks and to issue national stablecoins backed by fiat currency. He published his statements following several meetings with government officials and financial regulators in Asia to discuss the future of blockchain technology and digital assets.
Through his social media channels, CZ stated that all countries should allow the tokenization of their stocks so that investors from anywhere in the world can buy and trade them with ease. Tokenization converts traditional assets, such as company shares, into digital tokens on a blockchain. According to the Binance founder, this model allows trading 24 hours a day, seven days a week, enables fractional ownership, and settles transactions in much shorter timeframes than traditional systems, where a transaction can take several days.
Countries need to tokenize their stocks, allowing worldwide buyers. (RWA)
Countries need to issue their own stablecoin(s), to expand their currency's usage on the blockchain. https://t.co/054AbZj21b
— CZ 🔶 BNB (@cz_binance) June 17, 2026
Tokenization Keeps Expanding
Interest in this market grew rapidly. Data from RWA.xyz shows that real-world assets tokenized on public blockchains reached $32 billion by mid-2026, up from $6 billion recorded a year earlier. Consulting firm Boston Consulting Group projects that the tokenization market could reach $16 trillion by 2030.
CZ also promotes the creation of national stablecoins that would allow local currencies to scale across blockchain networks and digital payment platforms. The current stablecoin market is dominated by tokens pegged to the US dollar: according to DefiLlama, they account for nearly 99% of a market valued at approximately $315 billion, led by Tether (USDT) and USD Coin (USDC).
CZ: National Stablecoins as an Alternative to the Dollar
Sovereign stablecoins could reduce dependence on the dollar in digital asset ecosystems and give governments greater control over their monetary policy. However, their implementation immediately opens up all kinds of discussions around regulation, adoption, and the role of central banks. The distinctions are crucial — ending up with a CBDC is a danger to citizens’ financial freedom.
This is not the first time CZ has made this type of recommendation. He currently advises Pakistan’s Crypto Council and Kyrgyzstan on initiatives that include a gold-backed stablecoin. Binance, for its part, received approval to develop a cryptocurrency market in Kazakhstan.
