The Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization.Ethereum co-founderThe Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization.Ethereum co-founder

Vitalik draws line between ‘real DeFi’ and centralized yield stablecoins

2026/02/09 20:24
1 min read

The Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization.

Ethereum co-founder Vitalik Buterin drew a clear boundary around what he considers “real” decentralized finance (DeFi), pushing back against yield-driven stablecoin strategies that he says fail to meaningfully transform risk. 

Vitalik draws line between ‘real DeFi’ and centralized yield stablecoins

In a discussion on X, Buterin said that DeFi derives its value from changing how risk is allocated and managed, not simply from generating yield on centralized assets. 

Buterin’s comments come amid renewed scrutiny over DeFi’s dominant use cases, particularly in lending markets built around fiat-backed stablecoins like USDC (USDC). 

Read more

Market Opportunity
DeFi Logo
DeFi Price(DEFI)
$0.000315
$0.000315$0.000315
-0.31%
USD
DeFi (DEFI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.