TRADFI TOMORROW: DEFI AND THE RISE OF EXTENSIBLE FINANCE

Summary from the TLDR Crypto newsletter

The current financial system is hampered by inefficiencies and DeFi presents a transformative solution to reduce costs and unlock value. Most respondents (of 300 TradFi professionals) believe that public, permissionless blockchains, especially in the areas of stablecoins, tokenized assets, and DEXs will become critical to traditional finance, though regulatory hurdles still need to be addressed.