> Of course, the assets in question are all crypto. With the caveat that there is progress made towards bringing real world assets on-chain. Already, stable c

> Of course, the assets in question are all crypto. With the caveat that there is progress made towards bringing real world assets on-chain. Already, stable coins fall in this category – they're crypto assets which are backed 1:1 by real fiat currency. So you can trade them premissionlessly on-chain as with all crypto, but they can be redeemed by the issuer for real currency (like USD). One example of an issuer who is fully audited is Circle, they issue USDC across numerous blockchains. It is also expected that other real world assets, such as government bonds (and their yield), will soon be brought on-chain. I believe the Maker protocol is spearheading the effort to bring US treasuries on-chain.