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MainNewsVitalik Bute...

Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats


Aug, 26, 2024
< 1 min read
by CoinEdition
Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats
  • Vitalik Buterin supports sustainable DeFi applications upholding key principles.
  • Buterin acknowledges USDC’s practicality but prefers decentralized alternatives.
  • He believes DeFi alone cannot combat growing centralization in technology.

Ethereum co-founder Vitalik Buterin has addressed concerns within the crypto community regarding his positions on decentralized finance (DeFi). In response to a discussion initiated by a post by Milli on X, Buterin emphasized the importance of DeFi applications that are both sustainable and adhere to fundamental principles like permission-lessness and decentralization.

Buterin expressed strong support for decentralized exchanges (DEXes) and decentralized stablecoins such as RAI, which he admits to using regularly. While he acknowledged that USDC is less ideal compared to decentralized options, he noted its widespread use and practicality, particularly for international transactions and emerging markets. “We are here to try to make the global economy and society more open and free,” Buterin said.

The post Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Stablecoins Processed $14 Trillion in 2024, Exceeding Visa: Bitwise Data

Stablecoins Processed $14 Trillion in 2024, Exceeding Visa: Bitwise Data

In what’s a major milestone, stablecoin transaction volume surpassed Visa’s global to...
Apr, 18, 2025
< 1 min read
by CoinEdition
Whale Buys $5.88M Worth of Ethereum Amid Market Panic: A Golden Opportunity?

Whale Buys $5.88M Worth of Ethereum Amid Market Panic: A Golden Opportunity?

The current market situation is very much in the ‘fear’ zone, but some investors beli...
Apr, 18, 2025
< 1 min read
by CoinEdition
MainNewsVitalik Bute...

Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats


Aug, 26, 2024
< 1 min read
by CoinEdition
Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats
  • Vitalik Buterin supports sustainable DeFi applications upholding key principles.
  • Buterin acknowledges USDC’s practicality but prefers decentralized alternatives.
  • He believes DeFi alone cannot combat growing centralization in technology.

Ethereum co-founder Vitalik Buterin has addressed concerns within the crypto community regarding his positions on decentralized finance (DeFi). In response to a discussion initiated by a post by Milli on X, Buterin emphasized the importance of DeFi applications that are both sustainable and adhere to fundamental principles like permission-lessness and decentralization.

Buterin expressed strong support for decentralized exchanges (DEXes) and decentralized stablecoins such as RAI, which he admits to using regularly. While he acknowledged that USDC is less ideal compared to decentralized options, he noted its widespread use and practicality, particularly for international transactions and emerging markets. “We are here to try to make the global economy and society more open and free,” Buterin said.

The post Vitalik Buterin Clarifies DeFi Stance, Stresses Centralization Threats appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Stablecoins Processed $14 Trillion in 2024, Exceeding Visa: Bitwise Data

Stablecoins Processed $14 Trillion in 2024, Exceeding Visa: Bitwise Data

In what’s a major milestone, stablecoin transaction volume surpassed Visa’s global to...
Apr, 18, 2025
< 1 min read
by CoinEdition
Whale Buys $5.88M Worth of Ethereum Amid Market Panic: A Golden Opportunity?

Whale Buys $5.88M Worth of Ethereum Amid Market Panic: A Golden Opportunity?

The current market situation is very much in the ‘fear’ zone, but some investors beli...
Apr, 18, 2025
< 1 min read
by CoinEdition