There are a number of factors that are contributing to DeFi going mainstream. One of the biggest factors is the rise of decentralized exchanges (DEXes). DEXes allow users to trade cryptocurrencies without having to go through a centralized exchange. This makes DeFi more accessible to users and gives them more control over their funds.
Another factor that is contributing to DeFi going mainstream is the growing popularity of stablecoins. Stablecoins are cryptocurrencies that are pegged to a fiat currency, such as the US dollar. This makes them less volatile than other cryptocurrencies and makes them more attractive to users who are looking for a more stable investment.
Finally, the growing adoption of institutional investors is also helping to bring DeFi to the mainstream. Institutional investors are increasingly seeing the value of DeFi and are starting to invest in DeFi projects. This is helping to increase the legitimacy of DeFi and make it more attractive to mainstream users.
Overall, DeFi is still in its early stages of development, but it is clear that it is going mainstream. The factors mentioned above are all helping to make DeFi more accessible, user-friendly, and legitimate.
