The younger generation is ready to leave behind the low return and slow processes offered by traditional banking. To the data shared by Paul Barron according to 89 percent of the Z and Y generation is thinking of turning to crypto currency platforms by moving away from banking giants such as Wells Fargo and Bank of America. Famous lawyer who describes this transformation as “inevitable” John E. DeatonCoinbase, Kraken, Ripple $2.19 And he claimed that Robinhood would evolve into complete financial centers covering credit, deposit and investment in a short time. Deaton, “the biggest gain that behaves early,” he added, he added.
Young people leave traditional banks
Barron’s research, young users, tokenized stocks, high return and Web3 it reveals that it is looking for flexible vehicles based on based. Banks still draw attention with slow transaction approval times and limited interest rates. Defi protocols close this gap with advantages such as 24/7 access and borrowing from spouse to spouse. Defi’s transparent transaction records and smart contracts increase confidence while reducing vehicle costs.
According to Deaton, banks that do not adopt innovative technology unable to hold. High fear of inflation and increasing return demand It directs users to crypto money -based savings and credit solutions. In particular, asset guaranteed loans enable young people to make transactions without needing traditional branches in automobile or housing financing.
XRP’s exporter Ripple and Coinbase can replace banks
Deaton, Coinbase And Robinhoodstressed that there is no longer a trading application. Cathie Wood’s “Bitcoin 
$107,778.07 Deaton, which refers to the focus of guaranteed mortgage ”, emphasized that the shares of COIN is an indication of corporate interest in almost 100 percent increase in two months.
According to the lawyer, Altcoin XRP’s exporter RippleRumors that he can buy uphold can also change the rules of the game. Ripple, which is already leading the race in cross -border payments, will be able to offer multiple assets to a wider user base if it joins with Uphold. Deaton considers that such combinations will turn the crypto currency ecosystem into full -fledged finance infrastructure.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
