ChainCatcher reported that according to Cointelegraph, RedStone co-founder and COO Marcin Kaźmierczak said in an interview that the incoming Trump administration "may significantly promote" the expansion of DeFi. "Such a government may support policies that push DeFi from a niche to the mainstream, catalyzing an influx of innovation and investment."
He also noted that rising Bitcoin prices “usually” trigger increased activity in DeFi services, adding: “As BTC continues to rise, it’s not just climbing in isolation, it’s also boosting the entire DeFi industry.”
Kaźmierczak said the Trump administration is likely to adopt crypto-friendly policies, relax regulatory barriers and encourage innovation. "Under Trump's leadership, a bull run in DeFi platforms is expected, which may rewrite the rules of digital finance," he said, referring to Trump and his team forking Aave and creating the crypto project World Liberty Financial (WLFI).