Vance Spencer: DeFi to be rebuilt around USDS and USDT

Vance Spencer: DeFi to be rebuilt around USDS and USDT
DeFi to focus on USDS and USDT

Vance Spencer, Co-founder at Framework Ventures, stated that decentralized finance (DeFi) was not originally designed with USDC at its core.

He indicated an intention to rebuild DeFi using USDS and USDT instead.

Spencer has previously drawn attention to the rollout of the Sky risk framework for new asset support, describing it as an initiative aimed at accommodating all stablecoins. He has also commented that venture fund sponsors retain broad discretion to mark portfolio NAVs. These remarks follow his latest comments on restructuring DeFi around stablecoins other than USDC.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.