Therefore, there is no need for the Crypto Native team to waste time on any U.S. stock tokenization trading platform, as the scale, liquidity, and goodwill of traditional giant securities brokers such as Robinhood and Futubull will quickly form barriers in this new incremental market space, and the cash flow income generated by the tail demand of the market cannot cover the marginal cost of building a new system.
On the contrary, by using Crypto's existing RWA and stablecoin Infra (such as @OndoFinance @SkyEcosystem @aave @CurveFinance @Perena__ @humafinance @pendle_fi @RateX_Dex and so on), the U.S. stock is tokenized and introduced into the asset side of the stablecoin, enhancing the robustness and yield of the asset side. It will accelerate the third round of growth curve on the liability side (stablecoin Token), and realize the vision of a stablecoin scale of 1 trillion by the end of 26 at the earliest.
When we look back at history, if 2023 is the year of L2 and 2024 is the MeMe super cycle, then 2025 will be the stablecoin super cycle.
Today's speech by SEC Chairman Paul Atkins was very clear: support for the migration from traditional to crypto finance.
That is, the future of finance, including the database of securities, has the opportunity to migrate from off-chain to on-chain. "Just as audio recording has revolutionized the music industry from analog vinyl to tape and today's digital software, the migration of on-chain securities is likely to reshape every aspect of the securities market, whether through distribution, trading, holding, and use." In the future, the SEC will work to "set practical standards for market participants through rulemaking, interpretation, and immunity."
What does this mean, that is, the other day I said, crypto stablecoins will usher in the biggest explosion period, and RWA (especially US bonds and US stocks, etc.) will usher in a real on-chain moment. In this process, how Ethereum carries this asset with a scale of more than tens of trillions of dollars will be the biggest narrative in this cycle, except for crypto AI.
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