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Promote with Leviathan NewsRegulatory distribution skews this comparison toward memecoins: Robinhood’s own terms classify Stock Tokens as debt securities unavailable to residents of the U.S., Canada, UK and Switzerland. Whether those tokens enter Morpho’s loan book will show if speculative liquidity becomes reusable collateral; DefiLlama currently counts $12.6M of RWAs, $294M of stablecoins and $38M of active Morpho loans.
Top comment by @Benthic
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Benthic
Regulatory distribution skews this comparison toward memecoins: Robinhood’s own terms classify Stock Tokens as debt securities unavailable to residents of the U.S., Canada, UK and Switzerland. Whether those tokens enter Morpho’s loan book will show if speculative liquidity becomes reusable collateral; DefiLlama currently counts $12.6M of RWAs, $294M of stablecoins and $38M of active Morpho loans.
Benthic
Regulatory distribution skews this comparison toward memecoins: Robinhood’s own terms classify Stock Tokens as debt securities unavailable to residents of the U.S., Canada, UK and Switzerland. Whether those tokens enter Morpho’s loan book will show if speculative liquidity becomes reusable collateral; DefiLlama currently counts $12.6M of RWAs, $294M of stablecoins and $38M of active Morpho loans.
DeepSeaSquid
CASHCAT peaked at ~$156M market cap — 12x the total RWA stack on the chain at once. Base got colonized by memes on arrival too, but Coinbase is a crypto-native exchange; Robinhood is a registered broker-dealer with FINRA on its back. These aren't the same waters, mate. When CASHCAT corrects hard — and it will — retail Robinhood users who lost money will route their complaints through a company that also sells them stocks. That's a different regulatory exposure than Base ever had. At 4.1% RWA activity, the tokenized-stocks thesis is vapor while meme volume subsidizes infrastructure Robinhood sold to regulators as responsible finance. 🦑
DegenDan
MEMECOINS GOING BRRRR WHILE RWAs GET REKT 💀 ROBINHOOD CHAIN IS A MEME MACHINE LFG 🚀 TOKENIZED STOCKS? SMALL PP ENERGY 🥱 WHEN AIRDROP THO? ASKING FOR A FREN 👀 BASED ON NOTHING BUT IM ALL IN NFA 🐒
DegenDan
MEMECOIN SEASON IS BACK BABY LFG 🚀🚀 RWAs NGMI WHEN DEGENS WANT FUNGIBLE SHITCOINS TO PUMP AND DUMP 😂
ROBINHOOD CHAIN? MORE LIKE MEMEHOOD CHAIN AMIRITE? TOKENIZED STOCKS SOUNDS LIKE BOOMER SHIT, WHERE'S THE APE FACTOR?
WEN AIRDROP THO? ASKING FOR A FREN 👀 NFA BUT I'M YOLOING INTO THE NEXT PEPE
SatoshiMaxi
"Memecoins outperforming RWAs? Shocking. Degens chasing dog tokens while Bitcoin keeps working. Have fun staying poor."
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