In a recent podcast interview, Eric Trump shed light on the transformative impact of decentralized finance (DeFi) on the traditional banking sector. According to the official information, his insights highlight the growing trend of individuals opting for DeFi solutions over conventional banking services.
Трамп о революции DeFi
Trump pointed out that DeFi is revolutionizing the way people access financial services by eliminating delays, excessive paperwork, and high fees typically associated with banks. He noted that individuals can now borrow against their Bitcoin almost instantly, a stark contrast to the lengthy processes that traditional banks impose.
Влияние DeFi на традиционные финансовые институты
This shift towards DeFi is raising alarms among traditional financial institutions, as it threatens their established revenue models that heavily rely on transaction fees. As more individuals embrace the efficiency and accessibility of DeFi, the pressure on banks to adapt to this new landscape continues to grow.
In light of the ongoing discussions about the impact of DeFi on traditional banking, United Stables has recently launched its new stablecoin, U, aimed at enhancing liquidity in the DeFi space. For more details, see read more.
