This is what the pipeline from BlackRock Treasuries to stablecoins looks like.

In code.

In goes US Treasuries out comes USDC.

There's $27 trillion in Treasuries.

The banks are opening branches on Ethereum.

Ondo Finance to be one of the beneficiaries of this reality. Invest wisely and thank me later. Few degens will serve 🎩

They did a $250k test trade an hour ago to redeem a BUIDL holding against USDC if I read that correctly

Their size is not my size 😂

Incredible market opportunity for Blackrock with institutional investors (min $5m invest) who are ready to transact on public blockchains

Outrageous mgmt fees if I recall correctly