The banking turmoil and regulatory crackdowns unfolding world wide haven’t slowed the continued mixture of conventional and decentralized finance (DeFi). The ramps connecting the 2 sides appear even stronger regardless of the wild winds of change.
Take, for instance, current points revealed by Circle (USDC) confronted when it broke away from the US greenback following the collapse of Silicon Valley Financial institution. Two weeks later, Mastercard (NYSE:) boldly built-in the stablecoin into its infrastructure within the Asia-Pacific area, permitting customers to spend USDC via its community. It is taking place, guys!
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