The Depository Trust & Clearing Corporation's (DTCC) subsidiary, DTC, has been granted a three-year pilot program approval by the SEC to integrate blockchain technology into the clearing and settlement systems of traditional assets like U.S. stocks. This initiative aims to embed blockchain through an Omnibus Account, rather than disrupting existing trading mechanisms. The approach is expected to limit the space for "wild" tokenized U.S. stocks, while enhancing the global appeal of the U.S. dollar and American financial assets. This move also seeks to redefine institutional roles in the era of real-world asset tokenization.