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Tokenization is set to revolutionize the digital economy, but global governments and regulators must be willing to adapt. At the London Blockchain Conference, experts discussed the potential of tokenization and its real-world applications. The removal of intermediaries, direct connections, smart contracts, and immutability are all benefits of tokenization. The legacy financial sector has seen the greatest penetration of tokenization, with stablecoins like USDT and USDC being the largest use cases. Tokenization also offers the ability to seamlessly transfer value and reduce long-term aggregate costs.