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breaking: DeFi set to overthrow traditional fintech BACKENDS?! 🧨🚀 don’t sleep on this potential game-changer in
This convergence of DeFi with traditional fintech backends highlights a significant shift in the financial landscape: the rise of decentralized systems as viable alternatives to centralized
As DeFi grows, it’s poised to replace traditional fintech backends. The sector’s evolution from a crypto niche to a blockchain use case is evident. The merging of DeFi and traditional fintech is facilitated by regulatory clarity, fostering the growth of companies like MoonPay and Aave. DeFi’s interface improvements now match traditional fintech while offering faster backend processes. Stablecoins play a crucial role in DeFi’s value transfer, gaining traction among traditional institutions. DeFi trading is becoming mainstream, restoring true user custody and resilience against centralized system failures.
As regulatory barriers fall, DeFi could replace the backend of traditional fintech
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