ethereum controls $12b of the $18.75b rwa market. amundi with €2.3 trillion aum just tokenized their money market fund on eth mainnet, not base, not solana. fidelity's tokenized treasuries hit $250m on ethereum. tradfi needs regulatory infrastructure and $188b stablecoin liquidity for $50m+ moves. only one chain has both. eth bleeding against btc but capturing the only capital that compounds forever.
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