Recently, there is an interesting phenomenon in the financial circle: established institutions like Swiss banks have actually started to offer a 15% annualized POL pledge service; international giants like Standard Chartered have also personally come to provide custody for on-chain funds. Three years ago, this would have been a fantasy. But now, these traditional financial institutions not only have come, but they have done so in such a high-profile manner. What they are focusing on is the blockchain ecosystem created by Polygon, which is fast, stable, and particularly compliant.
To be honest, traditional financial institutions used to be aloof towards cryptocurrencies. They didn't want to participate, but had too many concerns: on one hand, they were worried about technical issues like smart contract vulnerabilities and cross-chain bridge risks; on the other hand, they were afraid of touching regulatory red lines. It's like looking at a gold mine, but because safety measures are inadequate and the mining permit hasn't been obtained, they can only feel anxious. This awkward situation of 'wanting to enter but not daring to' was truly broken only when Polygon paved the way for compliance.