OP Labs Product Lead: It is expected that in the next 5 years, various cryptocurrency exchanges and fintech companies will all operate on a self-running Blockchain.
Gate News bot reports that the Optimism development team OP Labs stated that it is only a matter of time before all crypto asset exchanges and fintech companies run their own blockchains. Sam McIngvale, the product lead at OP Labs, indicated that the logic is simple and clear, and pointed out that Base has achieved great success since its debut in 2023. McIngvale said: "I expect that within the next five years, every crypto asset exchange and every fintech company will be able to run their own blockchain. If you have Bitcoin at an exchange, you just need to press a button, and they will transfer these Bitcoins to the corresponding on-chain, and then you can use these Bitcoins to borrow USDC, and then you can do anything you want with that USDC."