#CryptoRoundTableRemarks

**The Future of Decentralized Finance (DeFi) and Its Impact on Traditional Banking**

The rise of **DeFi** has revolutionized the financial landscape by offering permissionless access to lending, borrowing, and trading without intermediaries. Unlike traditional banks, which rely on centralized control, DeFi platforms operate on **smart contracts**, ensuring transparency and reducing counterparty risk.

However, challenges remain, including **scalability issues, regulatory uncertainty, and smart contract vulnerabilities**. As Layer 2 solutions and cross-chain interoperability improve, DeFi could bridge the gap between crypto and mainstream finance.

Will banks adapt, or will decentralized alternatives dominate? The next few years will be critical in shaping this transition. *