#private-credit

Wall Street finally figured out how to sell you its best asset class. Interval funds and non-traded BDCs put private credit in your brokerage account, but the liquidity terms are the catch. In Q1 2026 these funds met just 74% of redemption requests.

Ninety percent of RWA talk is nonsense about tokenized real estate and fine wine that goes nowhere. Here are the four cases where the economics genuinely work: Treasuries, private credit, gold, and stablecoins. That's roughly $34 billion on-chain and climbing.