Balancing the need for web3 innovation and security has created a hostile environment for advancement, especially with the recent collapse of several crypto banking institutions. The United States’ approach to regulation has driven more and more web3 companies and projects overseas, where they can push ongoing developments forward.

In this episode of First Off the Blocks, Karen Tang speaks with Boris Alergant, Head of DeFi at Ripple who is spearheading the global shift towards web3 adoption. Boris shares insights on the current state of DeFi, how companies can better protect themselves, and the latest technology from Ripple set to change the landscape for years to come. 

The pair discuss: 

• The need for disruption in the traditional finance sphere, especially when it comes to payment speeds and liquidity. How Ripple is adopting a web2.5 strategy to appeal to traditional institutions, and what this means for global DeFi adoption. Why the politicization of crypto in the United States is contributing to domestic brain drain, and what this means for the future of DeFi.

Listen to learn more about Ripple’s latest projects and how DeFi and CeFi can work synergistically, when the right strategies take shape.