So, apparently, America has decided to go full-on blockchain, and guess whoâs hosting the party? Ethereum, of course. Because why use a boring old ledger when you can have a decentralized, trustless, and slightly bewildering one? Ryan Sean Adams from Bankless (yes, thatâs a real name and a real publication) dropped this bombshell on Thursday, and the internet hasnât stopped buzzing since. đ
âIn the coming decades, Ethereum could become the root of trust for $100 trillion in American capital markets,â he proclaimed, probably while wearing a tinfoil hat made of NFTs. đ¸
Apparently, Americaâs real-world asset tokenization drive is like a multi-decade rollercoaster, but instead of vomiting from motion sickness, youâll be vomiting from trying to explain it to your grandma. Stocks, bonds, and exchange-traded products? On-chain? Sure, why not. Letâs throw $120 trillion at it and see what sticks. đ§¨
âTokenization was basically illegal in the U.S. until 2024, but now itâs not only legal, itâs the governmentâs new favorite toy. Wall Street and FinTechs are tripping over themselves to make this happen,â he added, probably while sipping a blockchain-infused latte. â
RWA Onchain Value: To the Moon, or Just the Next Door?
With the US dollar as the worldâs reserve currency and US treasuries as the worldâs reserve asset, Ethereum is apparently destined to become the worldâs ledger. Because nothing says âtrustâ like a blockchain that occasionally gets congested and makes you pay $50 in gas fees. đ
âPeople are still underestimating Ethereum. They donât know America is coming on-chain, and itâs using Ethereum as its ledger. Also, Growth. Letâs talk Growth,â Ryan tweeted, probably while staring at a chart that looks like a rollercoaster designed by a madman. đ
Ethereumâs total value locked (TVL) is apparently doing the 2021 dance again, according to DeFiLlama. $94 billion? Close to the 2021 peak of $108 billion? Sure, why not. Itâs surged 57% in the past three months. Someone call the Guinness World Records, Ethereumâs economy is growing faster than a teenagerâs appetite. đ
âMilk Roadâ (yes, thatâs a real thing) observed that Ethereum clears more value than Visa, has more dollars circulating than PayPal, and institutions are stacking it like itâs the new gold. Or the new Beanie Babies. Whatever. đŚ
âEthereum is no longer just a blockchain. Itâs a digital economy scaling faster than a greased-up hedgehog,â they said, probably while wearing a blockchain-themed onesie. đĄ
Real-world asset value on-chain hit an all-time high of $29 billion this week (or $307 billion if you count stablecoins, which you should, because why not?). And guess what? Over 75% of this is tokenized on Ethereum, layer-2 networks, and EVM protocols. Because if youâre going to do something, do it on Ethereum. Itâs the blockchain equivalent of âgo big or go home.â đ
Oh, and BlackRock is apparently planning to tokenize its ETFs. No mention of Ethereum, but come on, where else would they do it? Their tokenized money-market fund (BUIDL) is already on Ethereum. Itâs like showing up to a party and realizing everyoneâs already wearing the same blockchain-themed T-shirt. đ
âGreat article from my colleague about BlackRockâs plans. Just like everyone who downplayed digital assets was proven wrong, those downplaying tokenization will probably end up eating their hats,â James Seyffart tweeted, probably while eating a blockchain-themed hat. đŠ
Ether Price: To the Moon, or Just the Next Street Over?
ETH prices hit a two-week high of $4,530 on Friday morning, because why not? Itâs up 2.8% on the day and just 8.5% away from its all-time high. Some analysts are still predicting a big September correction, but Etherâs been chilling above $4,200 like itâs on a permanent vacation. đ´
So, there you have it. Americaâs tokenization drive, Ethereumâs wild ride, and a whole lot of numbers that make your head spin. Strap in, folks, because the future is decentralized, slightly confusing, and probably involves a lot more blockchain-themed lattes. âđ
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2025-09-14 22:01