The future of the financial sector is unfolding as cryptocurrency enters the mainstream. Up to this point, the world of highly centralized traditional finance (TradFi) has been quite distinct from the chaotic but innovative early days of decentralized finance (DeFi), which relies on blockchains and cryptocurrency. When most people think of TradFi, they associate it with large banks and institutions governed by regulation and consumer protections. TradFi is seen as fundamentally reliable and low risk. DeFi, on the other hand, feels more volatile, complex and confusing, and it seems much riskier since it’s largely unregulated and unpredictable. That said, advocates…

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