Someone in the group woke me up with a sentence: Institutions not going on-chain is not because of volatility, but because they are afraid that "every step has to be taken with their own scapegoat."

In the past, they wanted to create a complete process: deposit with USDC/USDT → buy RWA → cross-chain rebalancing → compliant distribution. However, each step was scattered across different systems, standards were inconsistent, responsibilities were unclear, and before the money even moved, the process discouraged them.

Sei @SeiNetwork's Grid concept is very straightforward: gather and connect the key roles needed by institutions all at once—
USDC/USDT/PYUSD responsible for "how the money comes in," Revolut responsible for "traditional entry," Ondo/Securitize/KAIO (@KAIO_xyz) responsible for "how RWA is on-chain," CoinList responsible for "compliance and distribution," LayerZero/Wormhole/deBridge responsible for "how assets move across chains."

It's about connecting "deposit - buy assets - cross-chain - distribution" into a runnable pipeline. This kind of quiet but well-laid path is often the one that leads to big money later.