Ripple reveals an estimate of $18.9 trillion for tokenization market by 2033

Ripple has big plans for the future as it talks about the possibility that it could be worth up to $18.9 trillion in its new report. By 2033, Crypto Company believes that the tokenization market, namely the digital representation of assets such as real estate, stocks and even art – could reach its incredible figure.

For those unfamiliar, tokenization is the process of transforming physical or traditional assets into digital tokens that can be traded, stored and transferred on the blockchain. This is the next generation alternative to the slow, clunky financial system we currently have.

And Ripple isn’t just sitting on the sidelines. They expect technology, XRP, RLUSD to play a key role in this huge change.

XRP, Ripple, RLUSD

XRP, which makes the most of cryptocurrency ripple, was built for speed and efficiency. These are two essential things in a tokenized world. XRP is about sending money internationally faster and cheaper.

As tokenized assets become standard, the ability to move value quickly, safely, and without traditional fees associated with international transactions will become central.

Next is RLUSD, Ripple’s Stablecoin. It is designed to provide stability in a volatile digital world. This is linked to the US dollar, which is important for companies that are aiming to jump into tokenized markets without dealing with the volatility of other digital currencies.

Ripple’s Stablecoin is already worth $300 million and is seeing a daily deal of $150 million.

As blockchain adoption continues to accelerate, Ripple’s forecasts refer to tokenization as a key element in reshaping the global financial landscape, with the company placing XRP and RLUSD to ensure that this conversion is as seamless, fast and secure as possible, and helping the company establish itself as a leader between the Web2 and Web3 segments.