Curve Finance founder Michael Egorov stated that the expansion to Stellar was driven by institutional demand for deeper liquidity.

Banks, asset managers, corporations and pension funds moving into digital assets through custody launches, trading desks and treasury allocations.

Financial services rebuilt as onchain protocols, offering lending, trading, derivatives and yield without traditional intermediaries.

How easily digital assets trade without moving the price, shaped by market makers, exchange depth, and stablecoin supply.