> For the complete documentation index, see [llms.txt](https://docs.crossfimain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.crossfimain.com/english/announcement/the-blossoms-of-traditional-banking-dwindles-as-defi-enters-the-stage.md).

# The Blossoms of Traditional Banking Dwindles as DeFi Enters the Stage

![](/files/vrEiqxQtLJ5zUNzXo1gj)

As traditional finance grapples with challenges, [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) -powered finance, defi, is poised to take over the sector. [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) opens the door wide to an array of possibilities not yet existent in the old economy. Find out how DeFi will influence banking<img src="https://abs-0.twimg.com/emoji/v2/svg/1f914.svg" alt="🤔" data-size="line">

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