The US stock market on-chain welcomes an official promoter. DTC, a clearing and settlement subsidiary under DTCC, recently received SEC approval for a three-year pilot program, which means that US regulators are officially paving the way for traditional assets to be tokenized on the blockchain. Many people think this will trigger a disruptive trading revolution, but the core gameplay isn't that radical—it's the Omnibus Account system that is key. Simply put, it establishes a connection channel between on-chain settlement and traditional clearing, allowing traditional financial assets like US stocks to circulate digitally on the blockchain while maintaining existing risk control and compliance frameworks. This isn't about overthrowing the old system but giving it a new interface. The underlying logic is clear: the US doesn't want to fall behind the Web3 wave, so it takes the lead in this process. From the series of actions by SEC and DTCC, Washington has already realized the inevitability of on-chain finance; instead of reacting passively, it prefers to proactively shape the rules. Every step during this three-year pilot will serve as a reference model for global regulation.