A paper by researchers at the digital-assets firms says DeFi and blockchain technology could also reduce cross-border remittances costs by $30 billion a year.
After a week-long vote that ended Wednesday, nearly 100% were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.
Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity; bitcoin holds steady over $17K as latest inflation data and FOMC meeting approach.