Federal Reserve Bank Publication Says DeFi Has Unleashed ‘Wave of Innovation’

The Federal Reserve Bank of St. Louis says decentralized finance (DeFi) has “unleashed a wave of innovation” that could create a more transparent financial infrastructure in the future. DeFi is an umbrella term for a broad push to create crypto-based projects that automate and remove middlemen from traditional financial services like borrowing and lending, derivatives, […]The post Federal Reserve Bank Publication Says DeFi Has Unleashed ‘Wave of Innovation’ appeared first on The Daily Hodl.