FOMC decisions are becoming increasingly relevant beyond BTC and stocks. Tokenized U.S. Treasuries have now crossed the $15B mark on-chain, creating a stronger connection between Fed policy, Treasury yields, and the RWA market. When rates move, Treasury yields can react, potentially affecting how capital is allocated across tokenized Treasury products and other on-chain yield opportunities. As traditional financial assets continue moving on-chain, the relationship between monetary policy and the RWA ecosystem is becoming an interesting area to follow. $ONDO remains part of this conversation.