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Is DeFi Too Reliant on Banks?

TradFi bank runs are leading to DeFi headaches. They shouldn't be.
Is DeFi Too Reliant on Banks?
Jack Inabinet Jack Inabinet
Mar 15, 2023 • 6 min read
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Dear Bankless Nation,

Another day, another bank in crisis mode.

While TradFi suffers through a deeply challenging week, DeFi hasn't been fully insulated. Today, we take a look at how DeFi remains vulnerable to TradFi failures.

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Jack Inabinet

Written by Jack Inabinet

498 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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