A major custodian just went live with on-chain deposits. What does this mean? Your bank deposits can now settle over blockchain networks, which opens up some interesting possibilities: use them as collateral, tap them for margin, or move them peer-to-peer without the usual banking delays.

This is the kind of infrastructure play that actually matters. Instead of wrapping assets or bridging through third parties, you're getting native tokenized deposits with faster settlement cycles. Traditional finance doesn't move this fast unless they see real demand.

The real question isn't whether this works—it's how many institutions follow suit. Once the plumbing gets standardized, the velocity of capital on-chain could change dramatically.