We’re mid-transition from T-Bills on-chain to a full market structure on-chain on @arbitrum. Stables fund base liquidity → RWAs collateralize borrowing → tokenized stocks/ETFs add risk rails → real estate and credit fill the carry bucket. The pie’s widening, and the mix is trending from safe yield to yield + utility. Quick pulse: – RWA mcap just cleared $1.03B with 615 tokenized assets live – Treasury management active with ~$47.3M portfolio, $1.49M cumulative interest – Real estate & alt yield starting to peek in What I’m seeing: → The stack’s broadening from pure T-Bills to equities, ETFs, and diversified money funds → Treasuries still anchor the base, but the mix is shifting → Yield-bearing assets are becoming composable with DeFi. Tthat’s why monthly interest bars are climbing again and why DAO balance sheets look smarter than idle stables. → Cheap blockspace for mints/redemptions, deep DeFi hooks, and a DAO that already knows how to route yield. #Arbitrum’s pipes are saying money’s moving here.