Chris Yin I Why RWAs Are Going To Zero I Plume Network I Pragma San Francisco 2024

Thu, Oct 2, 2025, 12:00 AM

Join Chris Yin of Plume Network as he breaks down why “Real-World Assets” (RWAs) will eventually fade out – and why the stablecoin model holds the key to bridging on-chain and off-chain value. Learn how Plume’s approach to RWA adoption focuses on crypto-native formats, composable design, and active community-building rather than simply porting legacy “TradFi” products onto blockchains. Discover how institutional headlines (BlackRock, Franklin Templeton) can distract from what truly drives adoption, how stablecoins became the original RWA success story, and why Plume’s ecosystem is thriving by offering a liquid, permissionless user experience. If you’re ready to move beyond the hype and unlock real usage for on-chain assets, this talk explains the next phase of RWA evolution in DeFi. 000:00 Introduction & RWA Hype 01:10 Growth of RWA Market & Headlines 02:45 Why Institutional “Tokenization” Might Mislead 04:02 Comparing Stablecoins vs. On-Chain Treasuries 05:45 Defining RWAs & Crypto-Native Assets 07:18 Public Sector Examples: DMV Titles & Salesforce 09:10 Real Adoption: The Story of Stablecoins as RWA 10:58 On-Chain Assets: Liquid, Permissionless & Composable 12:55 Plume Network: Mission & Ecosystem Overview 14:28 Building for Crypto Natives vs. Traditional Finance 16:11 Plume’s Approach: Liquidity & Community 17:30 Examples: Pokemon Card Derivatives & Real-Yield Assets 18:35 Why “RWAs” as a Category Should Disappear 20:25 Conclusion & Next Steps with Plume _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇺🇸 *Pragma San Francisco* Pragma San Francisco 2024 was a special gathering of founders and builders that took place October 16th and 17th at The Contemporary Jewish Museum in San Francisco, CA. Pragma San Francisco 2024 was an opportunity discuss the future of web3 and reflect on the past. Watch the full Pragma San Francisco playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4LcwDpGf_itZrAu7XRNb07&si=3x3y9J3avgNTITUe ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow Chris Yin* X: https://x.com/chriseyin ✅ *Follow Plume Network* X: https://x.com/plumenetwork ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _