Earlier today, DEF Board Member @RebeccaRettig1 spoke at the @federalreserve Board's Payments Innovation Conference: "... the total value locked in all DeFi applications comprises about 4% of the total crypto market, and significantly less than 1% of GDP. In other words, there's an acknowledgement that DeFi has great potential to bring new, disruptive features to traditional payments and financial services, but there is also a very long road to go. This road is paved with new technology."(DeFi Education Fund)