Stablecoins Trading US Stocks: Comparison of the Advantages and Disadvantages of Directly Linking Real US Stocks and Stock Tokens. Nowadays, when playing spot US stocks with stablecoins, there are basically two forms in Crypto exchanges: one is directly linking real US stocks, and the other is stock tokens. Some exchanges support one of them, while others support both. Many friends are a bit confused about the specific differences between these two forms and don't know which one would be more suitable for them. Below, I will compare the advantages and disadvantages of Bitget, which supports both solutions. After reading this, everyone should know which one to use. Firstly, both of these methods can correspond to real stocks. Directly linking to real US stocks is the same as trading through brokerage platforms such as Futu in the past. Stocks bought on platforms such as Futu can also be directly transferred to Bitget. Stock tokens, on the other hand, tokenize real stocks through RWA and circulate them on the chain. The difference between the two is a bit like the difference between USD and USDT, both can correspond to USD, but the implementation path is slightly different. The underlying logic is different, so there are differences in many details between the two: ◎ Stock tokens do not have the risk of CRS because they are managed mappings. But Bitget's securities firms are registered in South Africa and belong to the mainland CRS synchronization zone, which poses CRS synchronization risks. Stock tokens can be traded 24/7, but when directly connected to the US stock market, trading can only be done 24 hours a day on trading days, and trading cannot be done on non opening days (weekends, holidays). There are also some differences in shareholding rights. Directly linking to the US stock market has complete stock rights, such as dividend rights and voting rights. Stock tokens have dividend rights due to their deposit mapping, but voting rights cannot be enjoyed. Of course, both of these can be traded using stablecoins (USDT/USDC), and mainland identity allows for account opening and trading. So: If you are in a traditional securities firm, you have stocks that need to be transferred Directly linked to the US stock market; You don't want to be synchronized by CRS: Stock tokens; You can buy and sell 24/7: Stock tokens; You want the right to vote: Directly linked to the US stock market.