Fidelity Foresees DeFi and Stablecoin Boost with Anticipated Fed Rate Cuts
Fidelity anticipates a potential revitalization of institutional interest in DeFi and stablecoins if the expected Federal Reserve rate cuts materialize in 2024, given improvements in infrastructure and competitive returns. The report highlights stablecoins as catalysts for adoption, particularly in payments, remittances, and international trade. Regulatory clarity and stability are deemed crucial for the stablecoin market.
Huang Bo
