🛑 Kevin Farrelly: DeFi is not a threat, but an evolution of BTC

Farrelly is the Vice President and Director of Digital Assets at investment firm Franklin Templeton.

▪️ Bitcoin is no longer perceived solely as "digital gold" — its potential is actively explored in the DeFi space, alongside Ethereum and Solana.

▪️ The development of BTC DeFi does not threaten its core idea, but rather expands the utility of the asset for technically savvy investors.

▪️ DeFi activity based on BTC can offset the decrease in block rewards through the growth of fees, thereby supporting the mining economy.

▪️ The integration of DeFi functions strengthens the Bitcoin network, increases returns for holders, and contributes to the sustainable development of the entire ecosystem.