Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

Cointelegraph

Published May 23, 2020 08:00PM ET

Updated May 23, 2020 09:40PM ET

Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo.

However, despite his optimistic outlook for DeFi, the Gemini co-founder asserted that the crypto industry currently does not offer a killer app that is driving adoption from outside of the virtual currency community.

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