On-chain new finance is almost an unstoppable trend: first came the tokenization of the US dollar (stablecoins), then stocks/bonds, and later gold/real estate, etc. The vast majority of assets in the future will operate on-chain. Stablecoins are similar to when newspapers/magazines moved online back in the day, and can now be seen as the early days of the internet. Ethereum will be one of the most important players in the era of on-chain new finance.