The U.S. Depository Trust & Clearing Corporation (DTCC) has published a comprehensive white paper addressing the critical need for interoperability within the decentralized finance (DeFi) ecosystem. According to NS3.AI, the report cautions that fragmentation among distributed ledger technology (DLT) networks may lead to increased operational costs and regulatory risks by isolating assets. To mitigate these issues, the paper advocates for standardization across essential capital market areas, including assets, ownership, lifecycle protocols, ledgers, and compliance. This approach aims to enhance integration between traditional finance and DeFi, promoting a more cohesive financial landscape.