LATEST: 🏦 Russia's biggest bank, Sberbank, is experimenting with DeFi products, with the management board's deputy chair telling media outlet RBC that the bank is "confident that traditional banking and DeFi will soon converge." https://t.co/wSudgZ9hyY ...

Industry Trends - ETF flows are less significant than the development of banking infrastructure for digital assets [1] - Traditional finance (TradFi) is not primarily entering the crypto space through ETFs, but rather by building the underlying infrastructure [1] Regulatory and Institutional Developments - A new stablecoin regulatory framework has been signed [1] - Circle is expanding its operations into traditional banking [1] Stablecoin and DeFi Activity - Abstract has secured $222 million in value [1] - Solana stablecoin mints have reached a record high [1]

Do you believe #DeFi will replace traditional banking in the next decade? 🔗💥 ...