Changpeng Zhao: DeFi will not change the traditional financial system anytime soon.

2020-10-4 20:57
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According to the decryption statement, Binance CEO Changpeng Zhao said in an interview that he likes DeFi more, but CZ believes DeFi won't replace CeFi anytime soon. But in 15, 20 or more years, DeFi is sure to bring CeFi. However, that won't happen anytime soon, the DeFi industry is in a boiling phase and that anger will subside as the bubble bursts. For CZ however, the real problem is that with the increase in the volume of the DEX market, another attempt will be necessary for Binance to announce its DeFi cake, and Binance Smart Chain will need to secure enough non-Ethereum income to generate itself. Role in the DeFi ecosystem.

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2020-10-4 20:14