#Circle's listing solidifies the long-term path for stablecoins, and the development of #RWA will become a source of sustainable growth. With #Circle's listing and the simultaneous launch of the #Plume mainnet, the timing is just right. As long-term investors optimistic about the #RWA track, we have continuously invested substantial funds and research attention in this track, and this time the launch of the #Plume mainnet will truly usher in a new era of real on-chain yields!

This time, the launch of the #Plume mainnet is particularly attractive to me for three reasons:

1️⃣ The mainnet brings real use, and $PLUME begins to have 'utility', achieving value capture.

Many public chains have weak value capture and lack real use. #Plume is different; as soon as it launched, $PLUME immediately had three important uses:

• Pay Gas: Operations, transfers, and interactions on the Plume network require $PLUME.

• Participate in staking validation: You can pledge your coins to the network, becoming a 'guardian of the chain' and earn rewards.

• Participate in governance: How to design ecological upgrades and incentive policies, token holders have voting rights.

$PLUME is no longer an 'empty governance token' but a 'blockchain fuel' with actual demand. As the mainnet activity increases, the usage demand will grow.

2️⃣ #RWAfi = DeFi yields backed by real assets.

#Plume has launched one of the most important DeFi applications: on-chain yield vaults. This is not about artificially inflated high annual returns, but rather an 11% annual yield generated from real-world assets (such as bonds and credit portfolios), and:

• Strong liquidity: You can enter and exit at any time, unlike traditional RWA platforms that require a one-year lock-up.

• No KYC: Participate directly on-chain without cumbersome identity verification.

• Composable: Integrates with other DeFi projects, such as #Curve and #Morpho.

Relatively speaking, #Plume is not just doing RWA mapping; it packages a variety of RWA assets into 'DeFi yield assets', directly facing ordinary on-chain users in a simple and convenient manner. Users can deposit USDC once and receive 'fixed income from the real world'.

3️⃣ A clear compliance path, big players dare to enter the market.

#Plume was not a 'wild project' from the beginning. They have already:

• Participated in a roundtable discussion hosted by the US SEC, interacting with regulatory officials;

• Also has a cooperative relationship with Hong Kong financial regulators;

Established integrations with some compliant stablecoin and asset management platforms in the US (such as Superstate).

It is expected that in the future, when compliant stablecoins and tokenized assets go on-chain, #Plume will be the preferred public chain. When institutions enter the market, they will certainly choose platforms with regulatory endorsement and actual asset management experience, rather than anonymous and unbacked projects.

Overall, the launch of the #Plume mainnet is a milestone for the long-term development of the #RWA track. The concept of #RWA has been talked about for many years—'bringing real-world assets on-chain', including bonds, stocks, real estate, etc., but it has always felt like a distant 'concept stock'. Until the launch of the #Plume mainnet, this track finally has a 'crypto-native' flavor. We look forward to more assets going live on the #Plume platform, allowing retail investors to enjoy investment opportunities in high-quality global financial assets without leaving home, keeping a long-term focus!