The U.S. Department of the Treasury (USDT) has published a first (financial) risk assessme
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The U.S. Department of the Treasury (USDT) has published a first (financial) risk assessment report in connection with Decentralized Finance (DeFi). According to the USDT, DeFi refers to „virtual asset protocols and services that purport to allow for some form of automated peer-to-peer (P2P) transactions, often through the use of self-executing code known as “smart contracts”. Some examples of DeFi services are briefly described ...