RedStone Co-founder: The Trump administration may significantly boost DeFi growth

Odaily News RedStone co-founder and COO Marcin Kaźmierczak said in an interview that the incoming Trump administration "may give a big boost" to the expansion of DeFi, "Such an administration may support policies that push DeFi from niche to mainstream, catalyzing an influx of innovation and investment." He also pointed out that rising Bitcoin prices "usually" trigger an increase in DeFi service activity, adding: "As BTC continues to rise, it will not just climb in isolation, but will boost the entire DeFi industry." Kaźmierczak said that the Trump administration may adopt cryptocurrency-friendly policies, relax regulatory barriers and encourage innovation. "Under Trump's leadership, DeFi platforms are expected to see a wave of bull runs, which may rewrite the rules of digital finance," he said, referring to Trump and his team forking Aave and creating the crypto project World Liberty Financial (WLFI). (Cointelegraph)