RT @SolanaLegend: In the past each network would have 1 primary driver of activity each cycle
-DeFi
-Memes
-NFTs
It is now very clear that not only can you have all of them on a single network, if you solve trading you get a lot of other things for free like payments and have assets listed and ready for capital markets.
This is happening right now with tokenized stocks and memes flourishing simultaneously on Solana, enabling tighter price discovery than everywhere else, but also minting a massive amount of stocks onchain, which people are starting to now borrow, lend, and compose with in DeFi.
This is essentially the entire point of blockchains: put everything on a single ledger and unexpected emergent behavior will result. 50x better products than what exists in TradFi or fintech will be built as a result.
The true value of blockchain is not regulatory arbitrage or simply accessing the same products as TradFi. It's building your business and issuing assets, including tokenized equity, where all the other stuff in the financial system is located. You don't want to be on a stablecoin chain. You want to be on the everything chain.
