2026-01-13 23:39:12

I'm planning to dive deeper into the adoption trends of non-USD stablecoins in upcoming pieces. But here's something worth noting: the teams developing on-chain FX infrastructure aren't typically crypto-native builders—quite the opposite, actually. Most come from traditional finance backgrounds. As I explored in an earlier piece, the challenge is this: many on-chain FX solutions end up relying heavily on traditional banking infrastructure to function. This dependency creates friction when you're trying to build something truly decentralized. It's a fundamental tension worth thinking about.

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GasFeeWhisperer

· 26m ago

Oh no, traditional finance folks still have some trouble adapting to on-chain finance.

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ContractBugHunter

· 14h ago

Basically, traditional finance people still can't change their mindset, and true decentralization simply can't get off the ground.

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BlockDetective

· 21h ago

Speaking of which, this contradiction really hits home. People with traditional financial backgrounds working on on-chain infrastructure ultimately can't do without the banking system... Isn't this just like what I previously complained about? Decentralization is just a shell covering centralized core.

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CrossChainBreather

· 01-14 15:24

Exactly, you've hit the nail on the head. Traditional finance people come in wanting to copy the old ways and completely fail to grasp the core of decentralization.

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ShibaSunglasses

· 01-14 00:09

Honestly, it's the same old story—TradFi folks come into crypto, and it still ends up tying back to traditional finance. Another layer of nesting?

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ChainMaskedRider

· 01-14 00:04

In plain terms, the traditional financial system is still unavoidable. If you want true decentralization, you still have to rely on the banking system. How can this contradiction be resolved?

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gas_fee_trauma

· 01-13 23:56

Traditional finance people getting into on-chain stuff is inherently contradictory, and they still want decentralization? That's hilarious.

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PortfolioAlert

· 01-13 23:48

Haha, that's how the traditional finance folks do on-chain FX. In the end, it still has to rely on the banking system, which makes it pointless.

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wagmi_eventually

· 01-13 23:45

Nah, that's the problem. People with traditional finance backgrounds working on on-chain infrastructure still can't get away from the banking system. So what's the original intention of decentralization?

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