Here’s an opportunity in DeFi that is still largely untapped. A significant portion of stablecoins and tokenized assets currently sits outside DeFi protocols, with less than 10% of the total supply actually being put to work in DeFi. That leaves a huge amount of capital waiting to be utilized. When these assets enter DeFi, they can do more than just sit in wallets. Holders can put their capital to work and earn yield, while protocols benefit from increased deposits, activity and revenue. The underlying blockchains also gain from the additional transactions and economic activity. As stablecoins and tokenized real-world assets continue to grow, bringing more of that capital into DeFi could become a major driver of growth for the entire ecosystem. The opportunity isn’t just about creating more assets. It’s about finding better ways to put the assets that already exist to work.
Nhuelz.defi🧱Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
