The U.S. House of Representatives Subcommittee on Digital Assets, Financial Technology, and Inclusion is holding its first-ever Congressional hearing on Decentralized Finance (DeFi) today at 10 AM ET. The hearing, titled 'Decoding DeFi: Breaking Down the Future of Decentralized Finance,' aims to explore the potential and challenges of DeFi technology. Key participants include Rebecca Rettig from Polygon Labs and Peter Van Valkenburgh, who will be testifying. The hearing is seen as a critical step for Congress to educate itself on DeFi and to balance innovation with consumer protection. The Digital Chamber has called for thoughtful regulation that encourages innovation while protecting consumers, and Democrats have emphasized the need for policies that advance financial inclusion and capital formation. The House Financial Services Committee is overseeing the proceedings.