>>60746602 (OP)Its pretty comfy honestly.
>>60748707Permissioned, compliant, and licensed DeFi is basically just XRPL though. Institutions cannot legally adopt a chain for defi if there's any chance of accidentally funding terror or being inadvertently complicit in money laundering.
>but the banks will do it themselves!Then they have the same counterparty risks as tradfi since every bank would be operating as an independent walled garden. This still needs an on demand liquity bridge to remove counterparty risk.