In today’s growing world, traditional banking is losing its worth due to the need for intermediaries like banks, brokers, or exchanges. However, Decentralized finance (DeFi) is observing massive growth today due to the reduction of intermediaries and the inclusion of technological solutions, including smart contracts and blockchain technology. Defi is also a growing stablecoins market of fiat-pegged assets like Tether (USDT) and USD Coin (USDC).