I wrote a tweet about RWA and RWAFi in 2023.

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Phyrex
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5 days ago

In 2023, I wrote a tweet about RWA and RWAFi, which included a section discussing "the debts and/or stocks of the top 50 to 100 companies by global market capitalization" as potential targets for RWA. I have always believed that the hard redemption (compliance) of stablecoins is a sufficient and necessary condition for the activation of RWA. I am very pleased to see that Chris Yin, co-founder and CEO of @plumenetwork, shares the same view.

However, achieving compliance requires a lot of considerations, as only compliant RWAs can support large assets. Otherwise, we wouldn't have seen over 1.1 million $BTC purchased within a year after the approval of the Bitcoin spot ETF.

Recently, the White House cabinet, including the President, has regarded stablecoins as an extension of U.S. dollar hegemony, and after this, it should be the time for quality enterprises, bonds, and stocks to go live.

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