DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report

The St. Louis Federal Reserve, one of the 12 regional banks of the US central banking system, has published a new report analyzing the potential of decentralized Finance (DeFi). DeFi is an all-encompassing term describing a push to automate and remove middlemen from traditional financial services like trading, borrowing and lending, derivatives, and insurance. Fabian […]The post DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report appeared first on The Daily Hodl.