The core narrative of stablecoins and RWAs is the redistribution of financial access rights. The purpose of stablecoins is to convert the US dollar into a currency that can be held without the need for a US bank account. People living in the US dollar system will subconsciously feel that exposure to the US dollar is the default configuration. But most people around the world are not. Families who have been repeatedly harvested by high local currency inflation and retail investors who have been blocked by traditional securities firms do not have access to the US dollar channel. Stablecoins have given them the opportunity to access global finance. RWA and tokenized equity are also doing the same thing with high-quality equity that has been proven to outperform inflation in the past few decades, but many cannot participate due to various reasons such as foreign exchange controls. Now, with the help of RWA and stablecoins, they can step out of the closed field that requires investment bank accounts, compliance reviews, and geographical restrictions, and provide them with global investment opportunities. So the scale and user prospects of this track are huge, consistent with the goal of 3 billion users, and the ultimate value depends on how many people who were originally excluded are really brought in. Who can deliver dollars to more people who originally couldn't touch them. Similarly, the real opponent of tokenized stocks is not Robinhood, but the fact that billions of people around the world still cannot buy high-quality equity.