An analysis suggests that stablecoins and DeFi will dramatically lower the structural costs of the traditional financial system and accelerate financial paradigm shifts. Jamie Kutz, an analyst at Real Vision, emphasized on X (formerly Twitter) that "stablecoins can eliminate trillions of dollars in economic friction costs, and DeFi has the potential to innovatively reduce credit costs".
Kutz cited the U.S. example, explaining that some blockchain-based financial companies are already offering mortgage loans at interest rates more than 1% lower than banks, with related loan volumes exceeding $11 billion. This is seen as a case that signals changes across the entire method of providing financial services, going beyond simple interest rate competition.
He also predicted that stablecoins and DeFi will increase retailers' net profits, promote money circulation speed, and improve overall economic efficiency. In particular, he added that by providing new opportunities to populations with low financial accessibility, they can simultaneously enhance the inclusivity and competitiveness of the global financial ecosystem.
