EVAA Protocol CEO warns of crypto disruptions due to tariff uncertainty ​

While the global markets are faced with the resurgence of protectionist policies, Vlad Kamyshov, CEO of the Evaa protocol, expressed his concerns in a note of crypto.News on the effects of prices on digital funding ecosystems.

“Import taxes tend to increase consumer prices, fuel inflationary pressure,” Kamyshov wrote to crypto.news. “In response, central banks – in particular the federal reserve – can choose to raise interest rates or delay the expected reductions.” ​

The Federal Reserve faces divergent internal views– Some political decision -makers Insign up Stable rates or make progressive drops, while others warn that the increase in short -term inflation expectations may require higher rates.

Kamyshov highlights the pressure on digital assets:

“Bigs and a stronger dollar generally reduce liquidity, making capital access more expensive. Under such conditions, risky assets such as cryptocurrencies and DEFI tokens often see outings while investors are running in safer paradise such as obligations or gold. ” – Vlad Kamyshov

The stablecoins, which are at the heart of the DEFI operations, are not immune.

“While the dollar is strengthening – and the DXY increases on the expectations of the fed tightening – stablecoins with USDC, USDT and DAI face the indirect pressure … For international users, a stronger dollar makes the dollars in chain more expensive to acquire and hold.” – Vlad Kamyshov

The training effects extend to DEFI platforms. “Protocols like Uniswap, Aave and Compound see a reduced activity and TVL when these digital assets become more difficult to access or less attractive to hold,” he observes.

Kamyshov also believes that Ower Stablecoin entries can lead to thinner liquidity, wider differences and less effective negotiation processes.

Control protection

In the midst of these challenges, Kamyshov perceives a potential change in the landscape. With the increase State intervention And the pressure on traditional systems, decentralized finance can once again recover as a means of protection against centralization.

Innovations that reduce the dependence on the dollar, improve capital efficiency or provide alternative stablecoin solutions could find significant growth opportunities, Kamshyshov maintains.

However, it warns: “The big question is whether the protocols DEFI can adapt fairly quickly to a macro environment defined by inflation, protectionism and regulatory unpredictability.”