Trump's tariff escalation exposes "deeper fractures" in the global financial system.

CN
19 days ago

Source: Cointelegraph Original: "{title}"

As concerns about the long-term stability of the financial system grow, escalating trade tensions and the re-emergence of global market uncertainty are prompting investors to turn to alternative assets, including Bitcoin and tokenized real-world assets (RWA).

Despite U.S. President Donald Trump's announcement on April 9 to suspend the increase of reciprocal tariffs for 90 days, restoring tariffs for most countries to a baseline of 10%, global trade tensions continue to exert pressure on investor sentiment.

According to the Financial Times on April 9, Trump has simultaneously escalated tariffs on Chinese goods from 104% to 125%.

Plume, a Layer 1 blockchain focused on tokenizing real-world assets, co-founder Teddy Pornprinya stated, "President Trump's tariff escalation marks a significant turning point for global markets," indicating that this move signifies "more than just trade differences." He added that

As both the U.S. and China face what he describes as unsustainable debt levels, Pornprinya warned that reliance on inflationary tools will increase, including the potential devaluation of the yuan.

He said, "These dynamics will test the resilience of every asset class," and will encourage more people to adopt tokenized credit and private yield products that are "not affected by sovereign devaluation games."

Related Link: Bitcoin ETF loses $326 million in the "evolving" dynamics of the TradFi market

According to Cointelegraph on April 10, tariff concerns have led to a surge in tokenized gold trading volume this week, reaching a two-year high, surpassing $1 billion for the first time since the U.S. banking crisis in 2023.

Top tokenized gold assets, trading volume. Source: CoinGecko, Cex.io

According to data from RWA.xyz, on April 9, on-chain real-world assets (RWA) also surpassed a historical high of $20 billion, with tokenized private credit accounting for the vast majority, totaling $12.7 billion of the RWA value.

RWA global market dashboard. Source: RWA.xyz

Some industry observers suggest that Bitcoin's lack of upward momentum may drive RWA to reach a historical high of $50 billion by the end of 2025, as increased liquidity in Bitcoin will help RWA capture a significant share of the $450 trillion global asset market.

Related Content: Bitcoin's safe-haven appeal continues to grow amid trade war uncertainty

Despite investor concerns, analysts at cryptocurrency exchange Bitfinex stated that the tariff increase may not represent a long-term policy shift.

"They told Cointelegraph: "But we believe that the current U.S. government's tariff threats are merely a negotiating tool used to persuade other countries to lower tariffs on U.S. manufactured goods and services, and are unlikely to become a permanent policy."

Source: Raoul Pal

Raoul Pal, founder and CEO of Global Macro Investor, also stated that tariff negotiations may just be a "posture" by the U.S. to reach an agreement with China.

Nansen analysts predict that the tone of negotiations may determine the recovery of global risk assets, including the cryptocurrency market, which has a 70% chance of rebounding after hitting bottom in June 2025.

Magazine: Bitcoin ATH earlier than expected? XRP may drop 40%, etc.: HODLer Digest, March 23 - 29

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

HTX:注册并领取8400元新人礼
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink