Mike Cagney says $6 trillion ABF market remains largely off-chain

Verifying
  • Mike Cagney said DeFi is better suited to asset-backed finance.
  • About $6 trillion in ABF has not migrated on-chain at scale.
  • Figure has already brought ABF on-chain, while broader adoption remains early.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.