The conversation around "Institutional DeFi" has finally shifted from theory to execution. In the UAE and the wider MENA region, the combination of massive capital reserves and a specific, aggressive regulatory push has turned on-chain private credit into a legitimate asset class.
But let’s be clear: institutions do not care about "decentralization" as a philosophy. They care about settlement speed, transparency, and cost. If you are building a protocol that ignores the way a credit committee actually thinks, you are building a toy, not infrastructure.