X @Ignas | DeFi

Crypto Industry Vision - True crypto industry success lies in remaining within the onchain ecosystem [1] - The industry envisions a future where stablecoins are used for real-world transactions, DeFi yield generation, and investment in tokenized assets [1] - Onchain solutions offer yield earning, borrowing collateral, and global asset access with self-custody [2] Traditional Finance vs Onchain Finance - Traditional banks face challenges with low yields, poor user interfaces, and potential fund freezing [2] - Current onchain Real World Assets (RWAs) are new and have liquidity limitations, but the space is rapidly evolving [2] - Banks must adapt to crypto or risk becoming obsolete [2] User Behavior - Users are minimizing fiat currency holdings in banks, retaining only what is necessary [3]