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MARKETS DAILY: Crypto Update | Why 2025 Could Be a Breakout Year for DeFi Adoption

CoinDesk Podcast Network

CoinDesk

Tech News, Daily News, Business News, News

4.7698 Ratings

🗓️ 14 January 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and Maple co-founder and CEO Sid Powell. To get the show every day, follow the podcast here. Maple co-founder and CEO Sid Powell joins CoinDesk to discuss recent movements across the crypto markets and outlook on a Fed interest rate cut following a strong jobs report. Plus, insights into stablecoin development in 2025 and the impact on DeFi products. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - From our sponsor:  In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.7

A big watershed moment for the industry was when Stripe bought Bridge, and we've seen PayPal

0:55.2

into the stablecoin market.

0:56.7

We've seen Ripple now get approved for a stable coin.

0:59.4

Visa is talking about a lot.

1:00.8

I think the rate at which crypto products get adopted by these neobanks or traditional finance

1:06.0

institutions is really going to push things forward.

1:08.9

And the secondary effect of that is going to be much more use of things like DeFi products.

1:17.6

We all want to believe in something.

1:22.6

In Chinese, belief also means trust.

1:25.6

We want to trust our systems and each other so we can build a future

1:29.9

beyond what we know. Join us at Consensus Hong Kong where belief becomes real. Hello and welcome to

1:36.8

Markets Daily hosted by me, Jen Sanasi. On this show, we navigate the current shaping the crypto markets,

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