Institutions, developers, and investors will embrace new DeFi platforms that solve age-old problems such as foreign currency exchange.
Several sectors of decentralized finance are poised for growth in 2025, including special-purpose decentralized exchanges (DEXs), stablecoins, and tokenized assets, according to Curve Finance founder Michael Egorov.
Growth in decentralized exchanges will be driven by new purpose-tailored platforms, such as exchanges for stablecoins pegged to different underlying fiat currencies, thus solving the foreign exchange problem in stable tokens, Egorov said in an interview with Cointelegraph. The Curve founder added:
The number of centralized and decentralized stablecoin offerings will also grow as financial institutions and blockchain developers create new alternatives, Egorov said.
