Everyone knows the integration of TradFi and DeFi is the way forward, and it's no secret that the crypto-friendly U.S. government is pushing for the global adoption of stablecoins. At first glance, it seems like the leading crypto assets, public chains, and DeFi protocols would naturally be the biggest beneficiaries. But these Wall Street old-timers, man... One moment they’re building their own chains, then it’s layer 2s, stablecoins, tokenized infrastructure—no consistent rules or order, just doing their own thing. Feels like they’re just spinning one “capital story” after another? They issue tokens and leave them unfinished, chains get developed halfway and then go radio silent. Unlike the last cycle’s crypto tech narrative, which, while chaotic due to the pure “money grab,” at least had the surface-level core of “decentralized” innovation holding it together . So, Wall Street old-timers, what exactly are you trying to pull here?