DeFi’s Path To A Parallel Financial System: A Vision For The Next Five Years

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DeFi has the potential to become a robust parallel financial system, but to unlock this potential, it must cater to the needs of institutional players by developing first-class financial primitives. This perspective, shared by Jesus Rodriguez, CEO of IntoTheBlock, highlights the importance of creating an infrastructure that can meet the rigorous requirements of large-scale institutions. DeFi has the technical foundations to become a parallel financial system, but unlocking its potential will require first-class primitives for institutions and meeting their specific requirements, says @jrdothoughts. Opinion. https://t.co/aJXpD6hyhP — CoinDesk (@CoinDesk) September 3, 2024 In addition to these necessary developments, the gradual reduction

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