PANews reported on May 23 that according to Cointelegraph, 1inch co-founder Anton Bukov pointed out in a discussion at the Dutch Blockchain Week on May 22 that DeFi's near-zero-cost user access mechanism is expected to provide financial services to the 1.4 billion people without bank accounts worldwide. The cost of opening an account for a single user in a traditional bank is as high as $100-300, while DeFi only requires a smartphone and the Internet to access, completely eliminating the obstacles of physical infrastructure and cumbersome verification processes.
Bukov emphasized that traditional finance is unwilling to serve low-income groups due to high costs, while DeFi enables these users to directly participate in the global economy through stablecoins. In addition, Bukov pointed out that the core value of the crypto field lies in the global liquidity network it has built - trillions of dollars flow freely through decentralized protocols to form an independent economic ecosystem. He called on countries to adjust their regulatory policies to access this system, believing that "the more convenient cross-border capital flows, the more opportunities for economic cooperation."
