Cryptocurrencies, besides being used mostly for speculative purposes, also have a promising real-world use cases via something called decentralized finance, or DeFi. Crypto enthusiasts hope that DeFi can change the structure of the financial services industry. The electronic payments industry, in particular, is dominated by large organizations, such as PayPal (NASDAQ: PYPL), which make their money by charging transaction fees on the payments that run through their networks. Read More...
Cryptocurrencies, besides being used mostly for speculative purposes, also have a promising real-world use cases via something called decentralized finance, or DeFi. Crypto enthusiasts hope that DeFi can change the structure of the financial services industry. The electronic payments industry, in particular, is dominated by large organizations, such as PayPal (NASDAQ: PYPL), which make their money by charging transaction fees on the payments that run through their networks.
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