The total value locked in DeFi protocols could grow to $2.7 trillion by the end of 2030. This conclusion was reached by Standard Chartered's head of digital assets research, Geoffrey Kendrick, Cointelegraph writes.
According to the expert's forecast, the sector will show 37-fold growth. The main drivers will be RWAs and the development of on-chain protocols.
Kendrick noted that currently only 3% of the stablecoin supply and 10% of RWAs are deployed in DeFi. By 2030, the share of use of such assets in protocols could grow to 30%.
Scaling the market to $2.7 trillion will require a ninefold increase in the share of tokenized value in DeFi. At the same time, industry experts point to possible difficulties. Axis head Chris Kim warned that issuing the same asset on different blockchains creates fragmented liquidity and increases costs.
Ondo Finance's head of sales, Oya Celiktemur, believes that tokenization by itself does not make illiquid assets liquid "by magic."
Standard Chartered also singled out Uniswap as a potential hub for RWA trading. Kendrick stressed that institutional players will choose this platform because of its reputation and security. According to him, a partnership with traditional finance will help Uniswap close the market-cap gap with the Coinbase exchange.
As a reminder, in June, Bitwise CIO Matt Hougan said that advisors had shifted their interest from bitcoin to stablecoins and RWAs.
Source: ForkLog
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