TradFi Provides ‘Crystal Ball’ for DeFi Adoption Themes

Keyring Network’s blog post suggests that DeFi's development parallels TradFi's trajectory, particularly aligning with TradFi in the 1970s, characterized by compliance and liquidity. The growth of DeFi is driven by yield-bearing stablecoins, termed “DeFidollars,” similar to how the Eurodollar boom powered 1960s finance.

The 1970s saw the implementation of the Bank Secrecy Act to combat financial crime, paralleling DeFi's current challenges with smart contract exploits and high-profile crimes. Upcoming tax transparency measures like CARF, effective in 2026, will further pressure DeFi's compliance landscape. Keyring anticipates DeFi will soon venture into real-world assets, such as tokenized mortgage-backed securities, reflecting TradFi's innovations from the 1970s.