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Decentralized finance proposed as alternative to traditional financial services
Abstract: DeFi applications allow users to directly interact with each other to borrow, lend, insure and exchange digital assets without centralized intermediaries, such as banks and custodial exchanges.
Keywords: banking; finance; international economics; payment systems;
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File(s): File format is text/html https://www.dallasfed.org/research/economics/2023/0103
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2023-01-03