Stablecoins aren’t the only thing exploding onchain. The entire universe of real-world assets is starting to migrate. 🔹 Tokenized money market funds have reached 8.4B, up 60x since early 2024 BlackRock’s BUIDL is leading as investors move onchain for a better version of Treasuries: risk-free yield, 24/7 access, instant settlement, and lower costs. 🔹 Tokenized gold has climbed to 3.6B, up 50x since 2021 XAUT and PAXG dominate, giving users an inflation hedge with the same usability that made stablecoins global. This is still the tiniest tip of the curve. Only a sliver of the world’s T-Bills and gold supply has been tokenized. Even 1 percent of global gold alone would mean roughly 80x growth from here. People continue to underestimate what happens when real-world assets plug directly into public blockchains. Liquidity compounds. Utility compounds. The flywheel is just beginning.