Why more big investors are now seeking interest and yields in DeFi (ft. Alessio Quaglini)
As corporations plow billions in Bitcoin, a new business model involving DeFi is attracting more investors, says Alessio Quaglini of Hex Trust. “Before DeFi, if you have U.S. dollars in your bank account, you either have U.S. dollars or you have to invest them into something,” Alessio Quaglini, the CEO of institutional-grade digital assets custodian Hex Trust, in an interview with Forkast.News“With DeFi, you have the birth of a new asset class, which is the interest-yielding currency so you can transform the U.S. dollar into a CUSD, and this CUSD is the same thing as a U.S. dollar with the only difference that itself can earn interest and increase in value.”