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Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk

Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.

Interconnections between DeFi apps amplify systemic risk, Goldman says. (Yuri Turkov/Shutterstock)
Interconnections between DeFi apps amplify systemic risk, Goldman says. (Yuri Turkov/Shutterstock)