Bridging Traditional Finance and Blockchain

This chapter explores the disparities between traditional finance and blockchain technology, focusing on the rising demand for non-U.S. dollar stablecoins and the potential for decentralized finance (DeFi) to reshape global currency systems. It highlights the efficiency of on-chain solutions, the challenges of integrating with existing banking systems, and the need for improved remittance solutions, particularly in emerging markets. Through discussions on regulatory frameworks and the courage required for innovation, the chapter emphasizes the evolving landscape of financial transactions and the pivotal role of stablecoins in enhancing accessibility and trust.