Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts

The United States Federal Reserve’s potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity. In their recently released 2024 Digital Assets Look Ahead report, Fidelity suggests that this resurgence is contingent on the further development of DeFi infrastructure throughout 2024. Fidelity had previously anticipated The post Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts appeared first on Cryptonews .