Binance founder CZ urges countries to tokenize stocks and issue stablecoins
He said the moves could widen global access to financial markets and expand the use of national currencies on blockchain-based payment rails.
Fact Check
The claim is directly confirmed by the primary source: CZ's own verified account @cz_binance posted on 2026-06-17 that countries should tokenize their stocks to allow worldwide buyers (RWA) and issue their own stablecoins to expand their currency's usage on the blockchain. This is precisely what the claim asserts about broadening global participation through tokenized equities and state-backed stablecoins. A secondary report from WatcherGuru independently corroborates the statement.
Summary
Binance founder CZ said countries should tokenize stocks and issue their own national stablecoins, arguing the combination could open financial markets to global investors and broaden the use of local currencies on blockchain. In a June 18 post on X, he said stock tokenization would help buyers worldwide access those markets, while state-backed stablecoins could extend national currency usage in digital transactions. CZ also said he has recently been meeting leaders and regulators across Asia to support crypto industry development, adding that the discussions are progressing well.
Terms & Concepts
- tokenize stocks: Convert equity exposure into digital tokens that can be issued and traded on blockchain-based infrastructure.
- stablecoins: Crypto tokens designed to maintain a fixed value.