According to CoinMeta, the co-founder of Plume and CEO Chris Yin stated in a Wu's Podcast that stablecoins have already verified the RWA model. The current greater challenge is to distribute assets to users and establish sustainable liquidity. He emphasized that high-yield products involve underlying credit, custody, maturity, and redemption restrictions, and the tokenization of assets will not automatically improve liquidity. Chris predicts that in the next two to three years, more traditional institutions will enter the RWA market, driving the development of on-chain issuance, derivatives, yield splitting, and new types of portfolios.