👀 This week’s Real World newsletter covers two developments that would have been unthinkable just months ago: 1️⃣ The SEC calls stablecoins “cash” 2️⃣ Ripple, now free from all legal overhangs, has quietly assembled an end-to-end tokenization stack, complete with USD rails and on blue-chip Wall Street infrastructure Read the full issue here and subscribe: https://thedefiant.io/newsletter/real-world/ripples-full-stack-tokenization-rails(The Defiant)