In the near future, the distinction between decentralized and traditional financial systems will completely disappear. According to Maple Finance CEO Sid Powell, blockchain technologies will become the foundational pillar of capital markets, and the entire global financial flow will transition to “on-chain” systems.

The Technological Evolution of Finance

Powell compared this historic transformation to the emergence of e-commerce. Just as the internet shifted commerce to an online format, blockchain will revolutionize the technological basis of financial settlements.

• Replacing outdated infrastructure: Mass ledgers (blockchain) will phase out traditional banking systems.
• New opportunities: In the future, obtaining mortgage loans backed by Bitcoin collateral will become commonplace. Sovereign wealth funds and major insurance companies will be key investors in such digital assets.

Stablecoins to surpass Visa and Mastercard

According to the expert’s forecast, by 2026, the volume of transactions conducted via stablecoins will reach $50 trillion. This figure will significantly exceed the volume handled by the world’s largest payment systems, Visa and Mastercard.

Who benefits from this?

• For small businesses: Currently, entrepreneurs pay 2-3% commission for every transaction. Switching to stablecoins will save these funds for business owners.
• Interest from giants: Companies like Bank of America, Citi, and even Visa and Mastercard are already beginning to build their own digital gateways.

The DeFi market to reach $1 trillion

At present, the capitalization of the decentralized finance (DeFi) sector is approximately $105 billion. However, if the tokenization of assets accelerates, this figure is expected to reach $1 trillion in the coming years.

“The ‘death of DeFi’ does not imply the disappearance of the system but rather its complete integration with traditional financial infrastructure,” emphasized Sid Powell.

2030: The Era of Mass Adoption

Not only Powell but also Chainlink founder Sergey Nazarov predicts that the DeFi system will achieve widespread adoption across the globe by 2030. This signals that digital assets and blockchain will penetrate not only the trader community but also the daily lives of ordinary people.

Do you think traditional banks will fully cede their place to blockchain within the next 10 years?

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