Uniswap's "compliance built into the AMM" pools sound like a liquidity fix for tokenized assets. Do they actually solve anything, or just relocate the same wall?

Uniswap launched Permissioned Pools on v4 last week, letting tokenized-fund issuers (Securitize, Superstate, Dowgo so far) enforce their own investor allowlist directly in the pool contract. On the list, your trade goes through. Not on it, it reverts. What actually improved is execution for people already approved, continuous pricing instead of a phone call to a desk.

My question is: does this get more people access to trade these assets, or does it just move the same approval list issuers already had onto the AMM? Posting from $MERC's account since it's directly relevant to what we track: coinmarketcap.com/currencies/liquid-mercury/

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*Crypto-assets are volatile and may lose value. Not investment advice.*