Trust is still a big part of interacting with DeFi protocols but with a trusted name like Coinbase providing a bridge to these protocols, investors will be more inclined to participate in the space, facilitating more adoption going forward. Creating A Bridge For DeFiĬoinbase is aiming to create a bridge to the DeFi market. “We want to introduce and find the best product for our customers.”Ĭoinbase’s integration of third-party DeFi apps would facilitate a meeting point of the centralized and the decentralized. “We plan eventually to service third-party apps inside our main product and so that we’re going to be agnostic between a customer choosing a Coinbase product or a third-party DeFi product,” said Haas. Total DeFi market cap drops to $166 billion | Source: Crypto Total DeFi Market Cap on
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