Block Of Fame - November 2025

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RWAs Meet Stablecoins: The New Bedrock of On-Chain Finance

The next era of finance is no longer forming in trading pits or policy rooms - it’s unfolding on-chain.
And in this second monthly edition of Block of Fame, we investigate the two forces reshaping global market infrastructure more fundamentally than any trend since the internet itself: real-world assets (RWAs) and stablecoins.
With tokenized assets nearing $35 billion, and stablecoins quietly steering more than $300 billion in total supply, RWAs and stablecoins are moving from experiments to economic bedrock.
This issue asks - and answers - a simple but defining question: What happens when the world’s assets, currencies, and collateral finally become programmable?
What’s Inside Block of Fame's Second Edition
The Big Picture
We open with a 7-page macro blueprint explaining why the convergence of RWAs and stablecoins represents a tectonic shift in market structure, liquidity, and balance-sheet strategy.
We examine Wall Street’s “stablecoin gold rush” and hear directly from Franklin Templeton’s Head of Digital Asset Partnerships, Mike Reed. The section goes beyond the numbers to explore stablecoins’ socio-economic role as “lifelines for the debanked.”
Builders & the Brain
This section spotlights the people driving the transition - from institutional incumbents to fast-moving innovators like OpenEden. We dissect the talent migration pulling some of the smartest minds in banking and payments on-chain, include a feature on compliant ICO frameworks.
It showcase voices such as ex-Goldman banker-turned-founder Jeremy Ng to unpack tokenization playbooks and adoption challenges.
Regulation & Politics
No conversation about Web3 is complete without regulatory stakes. This section unpacks the post-GENIUS landscape, emerging frontier markets, and MiCA’s political minefields that could threaten the key licence.
It also features a deep investigative report on the opaque reserve structures behind major stablecoin issuers - from Circle to Tether.
This is intended at offering essential intelligence for leaders in compliance, treasury, and risk. The section closes by arguing that a “National Stablecoin War” may be closer than we think.
Infrastructure Bottlenecks And Black Friday Analysis
But even though RWAs and stablecoins are the “new bedrock of on-chain finance,” the infrastructure is far from immune to bottlenecks.
Risk, Resilience & Market Forensics takes a hard look at the vulnerabilities that still keep leaders and developers “up at night,” as Sui Managing Director Christian Thompson notes in his interview.
The section decodes depegs, breaks down the forensic anatomy of the Black Friday crash, and analyzes synthetic-yield models. We contrast synthetic stablecoins with tokenized Treasuries to show where real sustainability lies.

Tech Deep Dives
For Web3 enthusiasts who still struggle to understand the technological infrastructure and complexities beneath RWAs and stablecoins, we offer a simple yet complete picture. Infrastructure & Technology examines the scalability challenges of blockchains.
This includes a close look at privacy layers, security risks, and the trillion-dollar question: Can blockchains truly handle institutional-scale RWA volumes? Interviews with Sui’s Christian Thompson and security reports on rising physical-layer attacks offer rare visibility into the plumbing beneath on-chain finance.
Interestingly, it also features a Tech Deep Dive - “How Stocks and ETFs Are Actually Tokenized” - and explores Programmable Privacy: A Missing Layer in RWA Adoption?

Finally, Future Frontiers pushes further into stock tokenization with an insightful Tokenisation Tower explaining the key trends and players in the sector. The magazine concludes with a deep dive into quantum computing’s looming threat.
Why C-Level Readers Should Read This
Because RWAs and stablecoins are no longer crypto trends - they are new market rails. Whether you lead treasury, risk, product, or policy, this edition offers the frameworks, case studies, and foresight needed to make informed strategic decisions in an on-chain world.
Welcome to the new bedrock of finance.