DeFi

BlackRock

Coin

<ul class="news-points wp-block-list">
 <li>Luca Prosperi, the CEO of M^0 Labs, predicted that in 10 years, the stablecoin market will be worth $2 trillion.</li>
 <li>Prosperi added that DeFi needs to adopt values of TradFi to become widely accepted.</li>
 <li>The liquidity from crypto ETFs will be “transformationary,” predicted Prosperi.</li>
</ul>
Luca Prosperi, the head of M^0 Labs (a company that helps institutions create their own cryptodollars), shared his thoughts on decentralized finance (DeFi) and more in a recent interview on the Thinking Crypto podcast. He feels the connection between DeFi and traditional finance (TradFi) is awkward and that DeFi needs to adopt more TradFi values to become part of people’s everyday lives.
In the YouTube <a href="https://www.youtube.com/watch?v=5V-55wVkBTU" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, Prosperi explained that the early DeFi folks were innovators, disruptors, and risk-takers, but the industry would benefit from “some level of institutionalization and professionalization of services.”
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “I think DeFi needs to expand a little bit because otherwise we are just patching different technologies at the same time, and this creates risk.”
</blockquote>
Prosperi mentioned that in M^0 Labs’ early days, the team talked to big TradFi players like BlackRock and realized that i…
The post <a href="https://coinedition.com/defi-needs-tradfi-integration-to-thrive-m0-labs-ceo/" rel="noopener noreferrer nofollow">DeFi Needs TradFi Integration to Thrive: M^0 Labs CEO</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

DeFi Needs TradFi Integration to Thrive: M^0 Labs CEO

Coin Edition

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