At the start of October 2025, Singapore hosted TOKEN2049 — the defining gathering for the global crypto and blockchain industry. This year’s edition drew over 25,000 participants, founders, investors, regulators, and visionaries to debate the next chapter of digital finance.

Our team — Valentina Drofa, Alina Sysoeva, and Maria Tunikova — attended TOKEN2049 Singapore 2025 in person, following every major discussion on stage. From the high-energy World Liberty Financial (WLFI) panel with Donald Trump Jr. and Zach Winkoff to sessions on stablecoins, tokenization, the TON ecosystem, and decentralized exchanges, we managed to witness the biggest trends firsthand.

Below are some of the most remarkable insights our team brought home from TOKEN2049 Singapore.

The Rise of Compliant Stablecoins

One of the most discussed panels came from World Liberty Financial, the team behind USD1, a new “Genius-compliant” stablecoin fully backed by U.S. Treasuries and audited monthly. What began, as Trump Jr. explained, “out of necessity” after being debanked overnight, has grown into a movement to build what he called “a fairer, more democratic financial system.”

As over $45 trillion worth of stablecoin transactions were recorded in the past 12 months, the point that resonated across the halls was straightforward: stablecoins are now the strategic layer for the global dollar system.

Many speakers framed this trend as a geopolitical turning point. Stablecoins will preserve and extend dollar dominance by connecting emerging markets directly to the U.S. Treasuries and regulated liquidity. So, from now on, policy and product development in the United States are moving in sync.

Meanwhile, at the Stablecoin Summit hosted by Curve Finance, discussions centered on how institutional adoption and regulatory clarity will shape the sector’s next growth phase. It was a pleasure to meet our long-standing client, Curve Finance, and hear directly from the team about their latest progress and achievements in building a more efficient and transparent stablecoin market. This is a stark reminder that compliance and connectivity are now the true engines of sustainable growth.

Tokenization Meets Its Test

Another strong theme at TOKEN2049 Singapore was real-world asset (RWA) tokenization, now estimated at more than $20 billion in value. While many see it as the future of capital markets, experts on stage were blunt about current hurdles. Liquidity fragmentation and settlement mismatch remain the biggest obstacles. As one panelist noted, “You can’t have 24/7 tokens trading against T+1 securities without doubling your capital costs.”

Still, the tone around tokenization remained positive, as many agreed that this would be the next logical development phase, but the market has to catch up. Tokenization won’t scale unless markets become efficient — with unified liquidity, synchronized settlement, and credible custodians. When that happens, the border between on-chain and traditional finance will finally disappear.

Distribution Becomes the New Moat

If there was one story that captured the imagination of both retail and institutional players, it was Telegram’s integration with the TON blockchain. With over 1 billion monthly active users and 140 million already on TON, the platform is quietly transforming into the largest distribution engine Web3 has ever seen.

During the conference, the TON team unveiled new features, pointing out that the ecosystem’s development could be the first real bridge to global capital for emerging markets. This kind of seamless distribution embodies the “connectivity” that many speakers described as essential for the next phase of crypto adoption.

The New Competition Between Stablecoin Chains and Decentralized Exchanges

While the spotlight often falls on innovation, TOKEN2049 also revealed the intensity of competition beneath the surface. The conversation around stablecoin-only blockchains highlighted a new race to capture payment flows. Plasma’s zero-fee USDT transfers, $8.5 billion valuation, and $2 billion Binance Earn integration drew both excitement and skepticism. As one panel expert joked, “The yield brings users in — value will decide who stays.”

Meanwhile, decentralized perpetual exchanges are entering a new arms race. Platforms such as HyperLiquid, Lyra, and Astro are competing on speed, liquidity programs, and fee models. Some now experiment with zero-fee trading, moving the profit center toward liquidity provider vaults rather than front-end exchanges.

The Road Ahead

TOKEN2049 Singapore left no single doubt that the crypto industry is maturing into a full-scale financial ecosystem. Stablecoins are evolving into the backbone of global payments, tokenization is bridging institutional and retail worlds, and various platforms are rewriting what “user adoption” really means.

“TOKEN2049 made clear that the next wave of the crypto industry will be driven by clarity, connectivity, and scale,” highlights Valentina Drofa, CEO of Drofa Comms. “It was a real joy and honor to meet so many talented people shaping the future of finance — to discuss, debate, and simply feel the energy of this industry firsthand. I hope our mission continues to be about connecting innovators with the world, helping ideas find their audience, and showing how communication can truly drive progress.”

We’d love to continue the dialogue. If your company is looking to amplify its story or strengthen its market presence, our global team is here to help — contact us at marketing@drofa-ra.co.uk