Pollak predicts tokenized equities and non-dollar stablecoins will drive next crypto cycle
Jesse Pollak, creator of Base, expects tokenized equities and stablecoins not pegged to the dollar to lead a coming tokenization boom. Coinbase introduced tokenized stocks on Base six weeks ago. Pollak said those assets see roughly $70 million to $100 million in daily volume.
Jesse Pollak, who created Base, expects two asset categories to shape the next phase of crypto: equities represented onchain and stablecoins that are not tied to the U.S. dollar. Coinbase rolled out tokenized stock offerings on Base six weeks earlier. Pollak places daily activity for those assets at about $70 million to $100 million. The prediction points to tokenization as a growing focus, where conventional financial exposure and alternative stablecoin models are brought onto blockchain networks.
If tokenized equities and non-dollar stablecoins gain traction, investors could gain easier onchain access to stock-like exposure and alternatives to dollar-pegged tokens. Retail traders, issuers, exchanges, and payment users may be affected. This could broaden participation, but it may also raise questions about liquidity, custody, and oversight. The scale of any societal impact may depend on adoption and safeguards.