Seeing that companies like Google, Microsoft, and Goldman Sachs refuse on-chain transactions without explaining why, I'll explain for them: First, let's establish the premise: any US-listed company that refuses on-chain transactions should be considered a market manipulator and avoided. There are two reasons: 1. Overnight Trading Many people don't understand that the biggest risk for retail investors in the US stock market is overnight trading. The best way for governments/listed companies/large capital firms/market makers to manipulate the market is to release information and create chaos during market closures. Overnight price gaps can forcefully liquidate your trading positions, disrupt your plans, and turn you into their profit-making counterparty. If transactions are conducted on-chain, then the transactions are continuous. You will receive this information before the US stock market opens, allowing you to exit and withdraw liquidity. Prices will be discovered in advance, significantly reducing the damage from this risk, and they won't be able to exploit you. 2. Pricing Power Traditional brokerages: slow deposits, extremely strict KYC, leverage of only 2x, overnight trading, and a high probability of account freezes. These disadvantages cannot be compared to existing crypto infrastructure. If on-chain transactions are allowed to continue unchecked, in the long run, users will inevitably migrate from traditional brokerages like Charles Schwab and IB to on-chain exchanges like Binance/HL. This shift in the battleground means a loss of pricing power. Once a large number of users migrate to on-chain, the pricing power of large capital/market makers will shift, forcing many funds to convert US dollars held in the banking system into stablecoins. Once the US dollar becomes USDT, the disadvantages of US stocks compared to Bitcoin will immediately become apparent (centralized, massive issuance, and annual increases). Their pricing will gradually converge with the valuations of mainstream and altcoins. As long as a competitive environment is opened up, the current US stock market and Edge will completely lose their value. … Finally, don't touch large-cap garbage like Google that refuse to go on-chain. The era of FAANG is over. Don't think you know everything; you'll be the one who suffers in the end.