The Rollup How DTCC's SEC Approval Changes Everything For Onchain Finance with Sam Kazemian and Rob Montgomery
7 snips
Dec 12, 2025 
Sam Kazemian, the founder of Frax Finance, and Rob Montgomery from Infinify dive into the monumental implications of DTCC's recent SEC approval. They discuss how this opens the floodgates for tokenization, revealing insights on why non-USD stablecoins like the Korean Won could reshape global markets by 2026. Sam shares dramatic tales from the Terra collapse, while Rob highlights the lucrative landscape of real-world asset liquidations. Their analysis sheds light on the competitive dynamics between emerging stablecoin networks and the future of on-chain finance.
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Terra Collapse Reoriented Frax Strategy
- Sam recalls Terra's collapse shifting Frax from algorithmic to safer digital‑dollar focus.
- The Terra debacle convinced teams to prioritize bank‑backed safety for stablecoins.
DTCC Unlocks Massive On‑Chain Liquidity
- DTCC's SEC no-action letter opens a clear regulatory path to tokenize massive volumes of securities.
- This will drive huge on-chain liquidity and composability between regulated markets and DeFi.
RWA Tokenization Creates Yield And Liquidation Niche
- Tokenized RWAs will create new yield and liquidation opportunities for DeFi players.
- Rob Montgomery expects firms that can warehouse duration to earn very large spreads from RWA liquidations.
