2025-12-25 10:26:19

Most crypto projects aim at creating an on-chain ecosystem self-sustaining, but some projects think completely differently—they want to connect to the underlying logic of the real financial world.

Take Rayls as an example. The key is not how flashy the product UI is, but the two lifelines of finance: clearing and settlement. How to native execute the entire process of asset rights confirmation, delivery, and final settlement on the blockchain—that is the core.

The turning point is here: when traditional financial participants like central banks, commercial banks, and clearing institutions enter the scene simultaneously, blockchain is no longer just a sandbox experiment. It becomes part of the formal business process—from pilot to institutionalization.

What does this mean? It means that the value of the chain is not for the ideal of "decentralization," but to make the financial infrastructure itself run more efficiently. Two different logics, completely different directions.

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ServantOfSatoshi

· 10h ago

In simple terms, most projects are still just self-indulgent, and the real opportunity lies in connecting with traditional finance. Clearing and settlement are indeed hardcore, much more valuable than just hype around concepts. Once central banks and traditional institutions get involved, the game rules will change completely. The idealistic rhetoric of decentralization can be toned down; efficiency is the key. Projects that can't integrate into formal finance are, to put it bluntly, just bursting bubbles. Rayls' approach really hits the mark, but unfortunately, most people still don't understand. From sandbox to institutionalization, that's the real breakthrough, not just the fluctuations in token prices. If blockchain can't help traditional finance operate faster, then its very existence is questionable.

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LightningWallet

· 10h ago

This is what Web3 should be doing. Stop talking about decentralization all day long.

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ZkProofPudding

· 10h ago

Basically, it's a return to reality from idealism. The decentralized approach has long been outdated; now it's all about efficiency. Traditional finance is finally paying attention to blockchain, which is truly a turning point. Bringing clearing and settlement onto the chain means banks will have to change their processes—that's what a revolution looks like. Rayls' idea is correct—what's the use of a beautiful UI if the underlying logic isn't solid? That's the lifeline. But to be honest, will the central bank really feel comfortable putting this on the chain? It still feels like there's a lot of negotiation ahead. Institutionalization can indeed change the game rules, but it also means locking in freedom. The trade-off between efficiency and control isn't that simple.

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UncommonNPC

· 10h ago

Basically, it's just financial infrastructure with a different disguise. This might be the true way forward for blockchain.

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LiquidationWizard

· 11h ago

Oh, finally someone has clarified. Most projects are still just self-congratulating, while Rayls has long been thinking about how to bring in real money. Those who understand know that no matter how fancy the UI is, if you can't handle clearing and settlement, it's all pointless. With the central bank involved, it shows that this path is correct, and the era of institutionalization has truly arrived. But on the other hand, with this development, what is there to talk about regarding the ideal of decentralization? They are fundamentally two different things.

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