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if we tokenized the cheese loans as an rwa, even if the cheese melted you'd still have the tokenized version. what tokenization is doing to the concept of an asset, few understand.

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The biggest cheese banks in Italy store 300,000+ wheels of Parmesan. Dairy farmers use cheese as collateral and get loans up to 80% of market value. At ~$1,000 per wheel, that’s $200m+ in loans (banks seize and sell cheese if farmer can’t pay back). Best part: banks use automated machines that brush and turn the cheese wheels everyday to keep them fresh. *** Vid link: https://youtu.be/QqqVnxw1GZk?si=tefHfaxIf63hB-2U

2:20 PM · Aug 11, 2026 · 11K Views

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