Lately, I've been really tempted to put RWA on the chain. Mainly because that illusion of "looking very stable, like I found a bargain" triggers me. Honestly, it's just that I want to browse for small and beautiful opportunities where others are bored. But the more I look, the more I think liquidity is pretty easy to dream up: a bunch of credit limits on the chain, matching is also there, but when you want to redeem, you realize the key isn't the transaction button, it's the redemption terms that are very strict—T+ days, windows, who has the authority to pause, delays in case of certain situations... these are the real tough parts. Recently, the group has been sharing about stablecoin regulation, reserve audits, and various rumors like "is it about to de-peg?" When emotions run high, everyone tends to take "can exit at any time" as the default. For now, I’m just doing a self-test: in the worst-case scenario where redemption gets stuck, can I accept it? Then I’ll decide whether to get involved. Just starting with that.