Donald Trump Jr. on Crypto's Threat to TradFi
summary
Claims that crypto tools are actually displacing paperwork driven middlemen by enabling direct value transfer and new products. Notes blockchain smart contracts and tokenization and on chain settlement as the mechanisms, plus stablecoins and DeFi yield protocols as asset/product examples. Argues these reduce intermediaries and fees, enable custody and tokenized-asset offerings at banks, and already force TradFi to build custody services and token platforms to avoid losing business.
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