Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
DePIN sector could help existing networks scale and innovate, Moody's says.The DePIN sector, which stands for decentralized physical infrastructure, could help existing networks scale and innovate, but several risks including unclear regulations could stifle growth, said the Wall Street credit ratings agency Moody's Ratings on Tuesday in its inaugural report about the sector.
"However, there are significant obstacles to widespread adoption, including regulatory and interoperability issues, cybersecurity risks and the need for substantial investments in infrastructure and skills," they said. Part of DePIN's allure is issuing their own digital tokens, which can help projects incentivize participation and network expansion. Today's unclear global regulatory landscape, however, makes compliance problematic and could stifle the sector's growth. Connecting existing infrastructure with blockchain rails could also open new attack vectors, creating cybersecurity risks.
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