Recently, regulatory developments regarding stablecoins have been frequent, bringing new opportunities for the real-world asset (RWA) sector. The United States has introduced the Genius stablecoin bill, and Hong Kong's Stablecoin Ordinance officially took effect on August 1, laying a solid foundation for the rapid development of the RWA field.

Against this background, RWA public chain leader Plume has achieved a significant breakthrough. The company announced the successful tokenization of a money market fund under CMB International, creating an industry precedent. This fund has become the first of its kind to be recognized by regulatory authorities in both Hong Kong and Singapore, fully demonstrating the feasibility of compliant operation of institutional financial products on public chains.

Plume's innovative project has multiple advantages, including cross-chain deployment capabilities, seamless conversion between fiat and stablecoin, and on-chain liquidity management. These features not only showcase a model of the fusion between traditional finance (TradFi) and decentralized finance (DeFi) but also point the way for future financial innovation.

Industry investors hold a positive attitude towards this, believing that this achievement further consolidates Plume's position as a trusted network for institutions. They predict that this may attract larger regulatory frameworks such as the EU and the Federal Reserve to participate, potentially becoming a key turning point in the development of the RWA field.

As the regulatory environment gradually becomes clearer, coupled with the emergence of innovative projects like Plume, the RWA track is迎来 unprecedented development opportunities. This will not only promote the deep integration of traditional assets and blockchain technology but is also expected to bring revolutionary changes to the global financial system.