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Maple Finance CEO Claims Traditional DeFi Is Dead, Onchain Markets to Replace Wall Street

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Maple Finance CEO Sidney Powell claims traditional DeFi is "dead," predicting onchain markets will replace Wall Street. As institutions shift trading and settlement to blockchains, intermediaries are fading. Powell says lending-based DeFi will give way to institutional-grade onchain systems. Traders should watch altcoins to monitor this transition. The fear and greed index may reflect growing confidence in blockchain-based capital flows. Public and permissioned chains are set to become the new financial backbone.
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