Klarna is using USDC for financing Wall Street going on-chain is no longer just talk.

According to the Hurun Report, high-net-worth individuals hold about 2% of their portfolios in crypto, with 25% planning to increase exposure. Grayscale projects that asset tokenization could grow 1,000x by 2030. Klarna is partnering with Coinbase to use USDC for short-term institutional financing.

Maple Finance’s CEO bluntly stated that on-chain markets will eat into Wall Street. New U.S. crypto tax frameworks show that ledgers are entering mainstream financial systems.

Over the past decade, on-chain narratives have shifted from cross-border payments, ICO funding, DeFi yields, to RWA and fund shares. Institutions have always wanted in, but three hurdles remained: compliance, custody, and settlement efficiency.

Stablecoins solve the settlement unit problem, while licenses and audits address custody and compliance. The real tipping point isn’t a blockchain TPS increase it’s when traditional finance starts moving cash management and short-term financing onto-chain.

It’s just a matter of time.