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We will see more application-specific chains that mitigate limitations of existing generic blockchains, and blockchains that create synergies between DeFi applications and the base layer to optimize capital efficiency.
While real-world asset tokenization remained niche, it could increase DeFi’s total addressable market as prototypes have proven its utility in fractionalization and credit access.
Stablecoin adoption remained high amid bearish sentiment, and upcoming stablecoin regulations around the globe could further boost its adoption, especially for non-USD stablecoins.
Footnotes
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