The Future of DeFi - Decentralized Finance-Crypto App Factory
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The Future Of DeFi
CZ, the CEO of Binance, told that Defi is the future and Binance invested more in defi projects and listed defi tokens. He also added that many defi projects fail to stand in the market, it does not mean the defi is not good.
Increase in Defi Tokens
As of now, there are more than 100 Defi Tokens in existence. Popular Cryptocurrency Exchanges like Binance, Okex, Huobi have already listed Defi tokens on their exchanges, in the future, we will definitely expect many new defi tokens and the many Cryptocurrency exchanges will list out the tokens for sure.
Crypto Lending would become Super simple
The most popular application of Defi is Crypto Lending, In the future, defi would bring the secured ecosystem for super-simple asset-based crypto lending that would be faster and simpler than the existing one.
Defi based Payment gateways
Defi based Payment gateways provide lightning speed transactions in seconds without the single penny as the cross border transaction fee. Many popular E-commerce sites would incorporate these kinds of payment gateways in their websites.
Birth of new Defi Lego Projects
Just like Compound, Totle, zerion, many amazing defi lego projects will take birth with superior functionalities.
Adoption of Defi in Fintech companies
Global Fintech companies would adopt Defi and provide Defi based services to their clients. Popular fintech such as Robinhood, Square, SoFi would revamp themselves.
Defi in Banking
Banking sectors would also include Defi now many countries are in the way to launch Central bank Digital Currencies to get involved in the digital revolution. There will be actually no wonder if banks adopt decentralized finance.
Decentralized Finance has geared up now and in the future, it will definitely make wonders if it provides user-friendly and high-security features.
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