Agent of "1011 Insider Whale": Ethereum will become the settlement layer for global capital markets; 2026 will be the "Year of RWA".

On January 25th, PANews reported that Garrett Jin, an agent of "1011 Insider Whale," published an article on the X platform stating that in the context of de-dollarization, extending the debt cycle to help the US solve its debt problem seems impractical. Tokenizing US stocks to drive demand for stablecoins is the main feasible path for the US to refinance its growing debt. BlackRock's move to promote RWA illustrates this point, against the backdrop of continued US debt accumulation. Since 2025, rumors of the so-called "Mar-a-Lago Agreement" have circulated in the market, but this agreement has never been formally signed or implemented. Its core idea is to alleviate the burden of the $36 trillion US federal debt. The reality is that US debt continues to rise, de-dollarization has not slowed down, and countries such as Sweden, Denmark, and India are reducing their holdings of US Treasury bonds. If the US wants to repay old debt with new debt, the only realistic path is to issue more stablecoins and introduce new global capital into US Treasury bonds. To achieve large-scale operation, the solution is RWA, which involves putting US stocks on the blockchain. Tokenizing $68 trillion worth of US stocks will significantly increase demand for stablecoins, indirectly absorbing debt pressure. This is why BlackRock, closely linked to the US power center, is actively promoting RWA and on-chain stock trading. Against this backdrop, Ethereum (ETH) will become a settlement layer for global capital markets due to practical needs, and 2026 will be the "Year of RWA."