Brian Anderson

As a big believer in the long-term adoption of USDC in regulated markets like the U.S., we're honored to be a part of the @circle Alliance program. Our focus has always been to keep asset tokenization and investing simple: USDC staked or invested, USDC paid out. No scammy crypto tokens in the middle...

One thing people massively underestimate in RWAs is distribution. A lot of the funds and platforms we see today have hundreds of millions & sometimes even billions in assets, yet many of them still have fewer than 2,500 holders/users. That isn’t necessarily a bad thing. In fact, most of these products are still incredibly early. It just highlights how underdeveloped distribution still is across the sector. > The infra is improving fast. > The products are getting better. > The institutions are arriving. But the actual user distribution layer is still in its infancy.

Tokenized “real-world” assets (RWAs) have surged 10x in two years, now topping $30B — with nearly half held in U.S. Treasury debt. The growth reflects rising institutional demand to put traditional financial instruments onchain, from government bonds and commodities to equities and private credit. While U.S. Treasuries dominate today, the asset class is broadening, with more categories gaining meaningful share in recent quarters. Note: RWAs are traditional financial instruments such as government bonds, commodities, and equities that are represented onchain as tokens.

Fresh from the Raze Pulse ⚡ Consensus Miami made one thing very clear: The next phase of finance is moving on-chain. Here’s what happened this week ⬇️ Raze Pulse May 1 - 8 • • • • • • • • • Consensus Miami 2026 Four years ago, Raze had its genesis at Consensus 2022 in Austin. This year in Miami, the momentum around tokenized finance was impossible to ignore. 🌎 20,000+ leaders across crypto, fintech, banking, AI, and capital markets 🏛️ Institutions actively building on-chain infrastructure 💵 Stablecoins and RWAs dominating conversations ⚖️ Compliance and regulated infrastructure front and center The industry is moving beyond speculation and toward real financial utility. • • • • • • • • • RWAs & Yield Are Accelerating Across panels, private meetings, and side events, the themes were consistent: 🔗 Real-world asset tokenization 📈 Yield-bearing stablecoins 🏦 Institutional liquidity 🤖 AI converging with financial rails Private credit, tokenized yield, and real asset-backed strategies are quietly becoming one of the biggest growth sectors in digital finance over the next 12–18 months. • • • • • • • • • Building the Future of On-Chain Finance Our leadership team spent the week connecting with issuers, exchanges, infrastructure providers, ecosystem leaders, and partners shaping the future of capital markets. Including an exclusive dinner hosted by @XDCFoundation and Introductions.com. The takeaway from Miami was simple: Institutions are moving on-chain faster than ever. • • • • • • • • • What’s Ahead for Raze We left Miami more energized than ever about the future of Raze and the broader opportunity ahead. Real assets. Real yield. On-chain. 🚀

@consensus2026 Miami 🌴 Let’s connect!

@guywuolletjr @razefinance

who are the strongest folks in crypto lending against receivables onchain or building with tokenized receivables?

Just published my first article...would love your thoughts!

Fresh from the Raze Pulse ⚡ We’re onboarding a new class of yield built for capital that wants real returns without long lockups. Here’s what’s happening. ⬇️ • • • • • • • • • Private Credit, Reimagined Short-duration. Insured. Institutional-grade private credit, now coming on-chain. 💲 Stake USDC, earn in USDC 🏛️ Backed by real-world lending ⏳ 90–180 day structures Supported by AA-rated trade credit insurance, billions in annual invoicing volume, and 8+ years with zero losses. • • • • • • • • • Vaults, Simplified “Skip the tokens. Stake USDC, earn USDC.” In a recent conversation, Brian Anderson of Raze and Ray Buckton of @RWAFoundation_ broke down how vaults make on-chain investing feel simple, familiar, and accessible. Watch it here: x.com/WALLY_DAO/stat… • • • • • • • • • New 4.0 platform powering every vault: • Native USDC via Circle CCTP • Raze Admin upgrades (UI, limits, controls) • Real-time Telegram alerts Built for scale. Built for real capital.

Introducing Raze Pulse ⚡️ We’re launching our weekly update series to bring you the most important developments across Raze, real-world assets, and on-chain finance. Here’s what happened this week. ⬇️ March 20, 2026 - March 27, 2026 • • • • • • • • • Critical Minerals Momentum In a recent @Genfinity interview, Terry Duffy of Lionheart Capital shared a bold outlook on critical minerals, noting that “the rally hasn’t even begun.” The discussion highlighted how tokenization can transform financing for resource-heavy industries, unlocking greater access, efficiency, and transparency. Watch the interview here: x.com/Genfinity/stat… • • • • • • • • • Raze 4.0 Launch Raze v4.0 is officially live. With CCTP (powered by @circle ) now integrated, USDC holders across major chains can seamlessly enter Raze Vaults without relying on traditional bridges or wrapped assets, keeping capital native and secure. • • • • • • • • • New RWA Vaults Incoming Three new real-world asset (RWA) products are coming online: B2B financing, agricultural financing, and private credit. These additions expand access to diversified, real-world yield, continuing to bridge traditional finance with on-chain infrastructure. This is what Raze is built for: Real assets. Real cash flow. On-chain.

@razefinance @circle capital is quietly moving through stables. Slowly and then all of the sudden.

BIG NEWS in stablecoins: USDC just overtook USDT in transaction volume for the first time in nearly 10 years. @circle minted $2.5B in a single week. The market is voting for regulated, transparent digital dollars. USDC is the exact settlement layer that Raze vaults run on. Real assets. USDC yield. On-chain.

This is why we built @razefinance. Much more of these to come. Real things take time. Real traction doesn't come from just narratives. They are built in the trenches over time. Great job @IOV_OWL and @TerryDu20986167

If you’re in RWAs, DeFi, or critical minerals, this is required viewing. Huge respect to @IOV_OWL & @Genfinity for the deep dive. Let's Go! “Tokenization gives us unprecedented flexibility to finance our operations while offering investors direct access to commodity-backed yields.” - Terry Duffy

TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here: ow.ly/XhhV50YvxvO

@KyleSonlin @GSXnetwork @GetInvestReady @accreditoken @RyanKirkley legends

OFFICIAL: Global Settlement has acquired InvestReady! @GSXnetwork @GetInvestReady @accreditoken Newly-formed GSX ID will provide full onchain KYC/KYB and AML checks for our clients in addition to the main accreditation business and much more! Shoutout to @RyanKirkley for leading the negotiation and structuring of the deal and being a badass cofounder on the Global Settlement Network journey! h/t @rileywk @refreshmiami refreshmiami.com/news/global-se…

Some of our best hires were totally unqualified on paper. They always had the same qualities: entrepreneurial, high agency, smart, mission aligned, and they got shit done. If you’re hiring, especially in early stages, seek out & bet on these people. Don’t over-index on resumes.

2017: "Crypto is a scam" 2021: "It's a bubble" 2026: • AMEX hiring crypto product managers • PayPal hiring crypto business development • Visa hiring crypto sales & partnerships • JPMorgan hiring blockchain developers • Morgan Stanley hiring crypto traders • BlackRock hiring digital assets associates • Citi hiring blockchain engineers The same institutions that dismissed Bitcoin are now fighting over blockchain talent. The paradigm shift isn't coming. It’s happened and @ethereumJoseph

TradFi keeps Asia’s best credit deals behind closed doors. @MuDigitalHQ are kicking them open. 🔓🌏 Hear from Co-Founder & CEO, @hizonpm

🚨BREAKING: JPMorgan CEO Says “BLOCKCHAIN IS BETTER THAN CURRENT BANKING SYSTEM” — Reveals Bank Moved $16 TRILLION in a Day 🤯🔥 Speaking on @FoxBusiness, @JPMorgan CEO Jamie Dimon signaled that the bank is shifting from traditional banking rails to blockchain infrastructure. 👀 “Everything is MOVING OUT of the current banking system.” 😳🔥 Dimon revealed that @JPMorgan recently processed $16 TRILLION in a single day BY BLOCKCHAIN. “We moved $16 trillion the other day. In one day.” 🤯 @JPMorgan CEO REVEALED that bank is moving ALL-IN into tokenization — bringing real-world assets, deposits, and financial instruments FULLY ON-CHAIN. 👀📈 “If we can use things like that to do something better, faster, cheaper… we’re going to.” 🚀