This year DeFi seems to be going through a bit of a dip. Amid regulatory concerns of the crypto industry and the broken trust following the failure of large Cefi players last year, it looks like development has slowed. However, large financial institutions and fintechs are still engaging in the blockchain space, which had me wondering what is going on with crypto and DeFi? Is it over, or just begun?
I brought Matt Homer of the Department of XYZ back on the show to talk about it. Matt has traveled a lot this year to different conferences around the world, engaging in the global sentiment.
We discussed the shift within crypto adoption and the position of “decentralized” networks.