BTC is playing dead below 74,000, while someone on-chain is quietly making big moves.
CPI came in scorching hot last night, and $BTC was hammered below 74,000. Analysts are already calling for 70,000. The market is dead quiet, but on-chain infrastructure is buzzing like it’s a whole other world.
Ondo shared some numbers: the market cap of tokenized U.S. stocks went from $485 million to $4.82 billion in a year—a full 10x: $485 million → $1.5 billion → $2.86 billion → $4.82 billion. A pure acceleration curve. The century-old institutions may not say it out loud, but their actions speak volumes.
The Canton Network just pulled off “the week’s first grand slam”: Société Générale used tokenized U.S. Treasuries as margin collateral, CBTC went live on EDX Markets, and stocks were settled on-chain directly via TSV. Visa also expanded stablecoin settlements to weekends and holidays—traditional clearing works nine to five, Monday to Friday; on-chain settlement is now running around the clock, seven days a week, for the first time.
My take: every bull run is built on infrastructure laid down during the bear market. In 2020, it was DeFi Summer; this time, it’ll probably be RWA. Institutions never shill—they just quietly sign on the dotted line.
NFA DYOR
$BTC $ONDO
#RWA #代币化 #比特币 #稳定币 #Cryptocurrency
CPI came in scorching hot last night, and $BTC was hammered below 74,000. Analysts are already calling for 70,000. The market is dead quiet, but on-chain infrastructure is buzzing like it’s a whole other world.
Ondo shared some numbers: the market cap of tokenized U.S. stocks went from $485 million to $4.82 billion in a year—a full 10x: $485 million → $1.5 billion → $2.86 billion → $4.82 billion. A pure acceleration curve. The century-old institutions may not say it out loud, but their actions speak volumes.
The Canton Network just pulled off “the week’s first grand slam”: Société Générale used tokenized U.S. Treasuries as margin collateral, CBTC went live on EDX Markets, and stocks were settled on-chain directly via TSV. Visa also expanded stablecoin settlements to weekends and holidays—traditional clearing works nine to five, Monday to Friday; on-chain settlement is now running around the clock, seven days a week, for the first time.
My take: every bull run is built on infrastructure laid down during the bear market. In 2020, it was DeFi Summer; this time, it’ll probably be RWA. Institutions never shill—they just quietly sign on the dotted line.
NFA DYOR
$BTC $ONDO
#RWA #代币化 #比特币 #稳定币 #Cryptocurrency