How Decentralized Finance (DeFi) Cuts Out the Middlemen and Saves You Money

Michael Taylor02 May, 2025Business

Let’s be real—who actually enjoys paying high bank fees, waiting days for transfers, or jumping through hoops just to use your own money? If you’ve ever wondered why sending money, applying for or getting a loan, or investing feels so complicated (and expensive), it’s probably because of all the middlemen involved—banks, brokers, payment processors... the list goes on. But what if you didn’t need them anymore? Welcome to the world of DeFi—short for Decentralized Finance—where people are re-imagining the financial system with the use of blockchain technology. No banks. No paperwork. No unnecessary fees. Just fast, borderless, peer-to-peer transactions.

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