/ TAG DeFi

To facilitate cross-chain DeFi which interacts with CBDC and cryptocurrencies, oracles are an absolute necessity for both foreign exchange and cryptocurrency data conversion.

When the “summer of DeFi” took off in 2020, decentralized finance held tremendous promise, but today, DeFi has a usability problem. 

As regulators in the U.S. and beyond look to control this fast-growing marketplace, DeFi projects now face an increasingly perplexing “decentralization dilemma.”

As cryptocurrency can help investors broaden their portfolios and diversify their finances, it can also help investors contribute to a wider range of organizations, charities and causes—resulting in a more engaged and more impactful type of giving.

Convert your fiat to cryptocurrency, and you suddenly emerge in a world where you can use your crypto to perform a large number of functions that are traditionally performed by the financial infrastructure but in a completely humanless way.

Carlos Betancourt, founding principal of BKCoin Capital—the digital assets hedge fund—on the implications of El Salvador adopting Bitcoin as legal tender.