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Nasdaq CEO Adena Friedman believes tokenized money (stablecoins) is essential for enabling 24/7 trading and unlocking tens of billions in trapped bank capital. Starting December 6, Nasdaq will trade U.S. stocks 23 hours a day, five days a week.

The strategy involves first tokenizing money, then tokenizing collateral and assets. However, Wall Street is expected to adopt crypto tools selectively rather than wholesale, with the biggest beneficiaries being infrastructure operators like Circle, Visa, and Nasdaq itself rather than crypto tokens.

Visa is projected to reach $1 trillion market capitalization by 2030, driven by the global shift to cashless payments, strong earnings growth of 14% annually, and high profitability with a 48% net profit margin. Even with potential valuation compression, the company's dominant market position and value-added services should support trillion-dollar status.

The article recommends three Dow Jones stocks as solid buys: Amazon benefits from strong cloud computing demand with a $496 billion backlog and 20% sales growth; Coca-Cola shows resilience with 34% year-to-date returns and leverages AI for marketing; Visa capitalizes on payment network dominance with 14% revenue growth and opportunities in AI commerce.