TRANSCEND ONCHAIN: WHAT DO WE MEAN BY IT, AND WHY ARE WE TAKING THIS DIRECTION? With the US government announcing the ability for 401k funds (worth $12T) to enter the crypto market, the writing is on the wall: More money is coming onchain. So it’s worth repeating what we’re doing to get Web3 ready for it. Some numbers A mere 5% of 401k money is $600B. Stablecoins are projected to reach a $3.7T supply by 2030. Onchain RWAs could be worth $30T by 2034. Tokenized real estate has the potential to bring $380T onchain. So the need is higher than ever for mainstream users to engage with dApps, and for traditional applications to integrate crypto without custody trade-offs. Meanwhile, the tech is ready Universal Accounts have already shown that fully non-custodial Web2-like experiences are possible, processing almost $700M in high-frequency onchain trades through UniversalX. Thanks to this Universal Transaction Layer, Web3 is evolving into a fully-functional platform where commerce is built right into technology, making the ecosystem finally feel like one. This technology can and will enable the seamless flow of trillions in value onchain, making crypto accessible and practical for everyday use. We’re going harder on making this happen because for Web2, this means a final upgrade. And for Web3, it means that fairer, decentralized technology can compete directly with centralized counterparts without barriers. But we won’t be alone in this In the coming days, we’ll be announcing the early ecosystem that will constitute the Universal Transaction Layer to unify all chains. Our first integration with Circle Gateway abstracts USDC transactions across chains. This extends to the stablecoin revolution happening across all areas of commerce. Universal Accounts will be the infrastructure powering the world's economy. Powered by Particle Chain and $PARTI. More to come. (This is a recap of our latest article. For a full, in-depth read, see the quoted post.)