I'm not buying the need for specialized RWA L1s vs Ethereum/Solana. Native KYC and AML for compliance can be app-level solutions vs. enshrined on the L1. Base also launched Verified Pools for institutional KYC/AML standards - no need for a separate chain. Maybe those RWA L1s introduce censorship features in case regulators require to block bad actors? But this is already done via ERC20 blacklist feature for USDC/USDT. What's the real value proposition for RWA L1s?