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by BlackInkstoan
1953 days ago
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DEXs and PLFs still lack integration into the traditional finance infrastructure. Outside of escrowed p2p sales of cryptocurrency, centralized exchanges are the only FIAT on and off ramps. If stablecoins, custodial or noncustodial gain widespread adoption, DeFi will remain as a niche for hardcore crypto fans. |
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Why? It seems the exact opposite to be — if stablecoins gain widespread adoption, there will be a lot more exposure to DeFi because you have stablecoins already and can directly partake in DeFi.
Right now the biggest hurdle is fiat -> crypto conversions and back, stablecoin or not. If you already have stablecoin because it’s widely used, then that won’t be a problem anymore.