Treehouse CEO: Fixed income may become a key link widely adopted in Decentralized Finance, lacking BenchmarkIntrerest Rate is the main obstacle

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ChainCatcher news, according to Cointelegraph, Treehouse CEO Brandon Goh stated in the latest episode of the Hashing It Out podcast that fixed income products may be a key driver for the widespread adoption of Decentralized Finance, especially at the institutional level. Goh pointed out that Decentralized Finance currently lacks a BenchmarkIntrerest Rate similar to LIBOR, making it difficult for fixed income products to expand in a Decentralization environment. Goh predicts that Decentralized Finance will transition from unsustainable high-yield incentives to a stable growth model in the future, and the fixed income market will become an important entry point for traditional financial institutions into the crypto market.

DEFI-11.5%
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