IMO, it's going to be the bond market that goes first. Who is going to want to deal with 3% APR when you can get that per month, or better, with crypto utility tokens. Prime example is Populous Platform Token that is rolling out for peer to peer (smart contract) invoice financing. That means just about anyone anywhere (less it's a targeted country) can be a part of a pool to finance invoice in those countries that Populous has opened for a monthly 2%-5% (based on Z-Altman scores) profit. Screw the Banksters, people will come first in this new economy.