The countdown for the altcoin $USDC has already begun.

Once the beautiful country's stock market is fully tokenized, compliant stocks will be able to circulate and trade on the chain, and those altcoins that are propped up by empty promises and storytelling will basically have to pack up and exit.

COIN is doing this, making on-chain securities mainstream. Many stocks that have just gone public have market capitalizations of only tens of millions or a couple of hundred million, which are not much different from small-cap coins for retail investors — but at least they are regulatory compliant and have real business...