GSR, the crypto trading firm, deployed $100 million into stablecoin and tokenized gold vaults this week, highlighting that liquidity in tokenized assets is often a market maker's capital at risk, not organic demand. Host Ceres Quinn argues that while tokenization has solved issuance, it has not solved exit, and many liquidity claims are about subsidies. This comes as Cardano introduces a new token standard allowing issuers to freeze, seize, and restrict assets for regulated stablecoins and tokenized securities.
Key Highlights:
• Cardano published a new token standard on October 7th, giving token issuers the power to freeze, seize, and restrict assets for regulated stablecoins and tokenized securities.
• This standard challenges the promise that code replaces intermediaries, instead showing code making room for authorities needed to back tokenized assets.
• An estimated 95% of Uniswap V3 pools see zero organic volume, illustrating that liquidity is not a property of code but requires active market participation.
• GSR, a crypto trading firm, deployed $100 million into stablecoin and tokenized gold vaults, demonstrating how market makers provide liquidity as a bet, not a utility.
Topics: Ceres Quinn, Crypto RWA Brief, Cardano, CoinDesk, GSR, Uniswap V3, tokenization, real-world assets, DeFi, liquidity, market makers, stablecoins
---
Follow Ceres Quinn on Instagram: @ceresquinn
Newsletter: https://cryptorwabrief.beehiiv.com
