Interesting paradox: once real assets enter the blockchain ecosystem, the issuer gains the power of censorship. This brings us back to the old problem of centralization. So the question is—if we ultimately still have to rely on the issuer's permission, what is the point of building on permissionless infrastructure? This is precisely the fundamental dilemma faced by RWA-type assets (such as stablecoins). No matter how good the on-chain infrastructure is, it cannot change the fact that the assets are controlled by the issuer. The tension between technological freedom and the reality of assets is indeed something every blockchain developer should seriously consider.