The SMBC-Ava Labs-Fireblocks-TIS partnership will test fiat-pegged stablecoins as a settlement method for tokenized financial instruments and real-world assets, including bonds and real estate.

Quotes that support claims

A key area of exploration will be leveraging stablecoins as a settlement method for tokenized financial and real-world assets (RWAs).

This includes assets like government and corporate bonds, as well as real estate, highlighting the potential for stablecoins to bridge the gap between traditional finance and the digital asset space, SMBC said.