According to BlockBeats, Alliance DAO co-founder QwQiao expressed optimism on social media about DeFi projects that focus on supporting traditional financial (TradFi) assets. He believes that these projects, whether involved in trading or lending with TradFi assets as collateral, have a potential market size that could surpass those focusing solely on crypto-native assets.
QwQiao highlighted that such projects could help mitigate the reflexive bull and bear cycles, where declining crypto asset prices lead to deteriorating fundamentals. He noted that regulatory issues have been the biggest obstacle in the past, but changes seem to be underway.