Crypto’s RWA boom finds retail demand in physical trading cards as users chase collectibles over Treasuries

Collector Crypt is turning crypto’s RWA debate into a consumer stress test: randomized card packs, USDC sellbacks, physical redemption, and CARDS incentives are producing activity outside the tokenized Treasury model crypto usually uses to sell RWAs. The CARDS ticker moved through crypto circles on X after Arthur Hayes amplified it on June 23. That social…

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