Credit via blockchain advances and banks are already testing models inspired by DeFi

Source: PortaldoBitcoin Original Title: Blockchain-based credit advances and banks are already testing models inspired by DeFi Original Link: One of the new frontiers for the cryptocurrency market is to create credit flows for the traditional financial system through structures based on smart contracts. The topic gained prominence at the Blockchain Conference Brazil 2025, held in São Paulo.

The debate was initiated by Lucca Cantarini, a lawyer and specialist in Crypto Regulatory Compliance at Nubank, who highlighted the potential of the technology. According to him, protocols like Aave and Compound allow institutions to take out loans and pass on credit to the end customer with significantly more favorable interest rates and conditions.

“Banks ignored the stablecoin market, but this segment grew so large that it became impossible to ignore. The same will happen with the credit market. When the values grow, banks will want to adapt these tools to their reality so they don't miss the boat,” said Cantarini.

João Gianvecchio, digital assets manager at Banco BV, emphasized that the traditional and crypto markets tend to coexist increasingly in the credit offering, but pointed out that the blockchain sector still needs to evolve.

“The traditional market has a Basel index, regulation on leverage, deposit balance, and collateral. There are several indicators and control mechanisms to prevent a systemic collapse. Digital companies will need to approach this universe to mitigate risks,” he explained.

The same assessment was shared by Gustavo Lopes from Truther, who highlighted the need for the crypto sector to incorporate risk analysis specialists to structure more complex operations.

“Using Bitcoin as collateral to borrow USDC is relatively simple. More sophisticated operations, such as using a tokenized Rural Product Note to offer tokenized carbon credits, require another level of structure,” he noted.

Daniel Coquieri, CEO of Liqi, reminded that large institutions are already testing models similar to those of DeFi protocols, but without full decentralization. According to him, Itaú used a system inspired by Aave to structure a credit operation of R$ 80 million — and Banco BV carried out an operation of the same value.

“The use of this technology is already happening and is expected to grow. It will become increasingly common,” said Coquieri.