Stablecoins are expected to drive institutional crypto adoption in Asia, according to Chainalysis CEO Michael Gronager. Despite regulatory concerns, the adoption is gaining momentum, as highlighted by various industry leaders at the Contextualised by YAP 2024 event. Chainlink is playing a significant role in this trend, with its blockchain abstraction layer facilitating interactions between traditional systems and blockchain. Chainlink's report projects the tokenized asset market to hit $10 trillion by 2030, driven by institutional demand and regulatory advancements. Sergey Nazarov, Chainlink's co-founder, emphasized that Chainlink powers the majority of decentralized finance (DeFi), which has grown to over $200 billion. AsiaNext’s digital asset strategy was also discussed, showcasing Chainlink’s role in advancing institutional blockchain adoption.