The core change in this round of RWA is that RWA has evolved from being tradable to being collateralizable, combinable, and capable of releasing liquidity. By connecting traditional financial assets to crypto trading infrastructure, every asset can freely switch between holding, collateralizing, and trading. Half of Binance's U.S. stock offerings are traditional stocks directly linked to brokers, allowing you to buy 7,000+ U.S. stocks and ETFs directly using stablecoins. This step addresses the issue of how crypto assets can access traditional finance. The other half is bStocks. Securities assets are tokenized with 1:1 underlying asset backing, enabling 24/7 trading and on-chain functionality. This step solves the problem of how traditional securities can flow freely on-chain. What you can do: NVIDIA's tokenized stock certificates can be used as collateral in margin accounts, Tesla's on-chain stocks can be leveraged to open a SpaceX long position without selling holdings, bridging crypto and traditional finance seamlessly.