- Many crypto bulls believe blockchain and DeFi will replace traditional financial institutions.
- Diogo Mónica, co-founder of Anchorage, sees a more complementary coexistence in the future.
- He also shared the easiest way investors can find yield in crypto lending.
No more banks, no more centralized control – a complete shift to a democratized financial system where users can anonymously lend to one another using a system governed by a set of code.
Diogo Mónica, co-founder of Anchorage, the first federally chartered crypto bank, doesn’t quite see it like that. Because Anchorage is federally chartered, it has to play by the same rules as traditional banks, which allows greater institutional trust in crypto products, Mónica said.