Yemeni individuals are progressively embracing decentralized finance (DeFi) systems to manage their finances independently due to US sanctions targeting the Houthi group, labeled as a terrorist organization.Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17 report from blockchain intelligence firm TRM Labs.
