What causes people to miss opportunities is often not judgment, but capital. Recently, the market has an interesting phenomenon. Crypto people have started studying U.S. stocks, and U.S. stock people have begun paying attention to stablecoins. Almost every exchange is talking about TradFi, RWA, and tokenization of stocks. Many people think this is a new trend. But those who have truly been through it know that behind it there’s actually only one question: how does the money get transferred over?