Binance CEO CZ Predicts DeFi Will Surpass CeFi in Upcoming Bull Run

Binance CEO Changpeng “CZ” Zhao believes that decentralized finance (DeFi) may outpace centralized finance (CeFi) during the upcoming bull run.

In a live discussion on September 1, titled “CZ AMA,” Zhao expressed his views on the trajectory of DeFi. He remarked, “The more decentralized the industry becomes, the better,” emphasizing that it might not be long before DeFi surpasses CeFi in trading volumes.