ValidatorVibes
Many people think that bringing the forex market on-chain is just about stablecoin swaps. That's a huge misconception.
Out of the $7.5 trillion in daily forex trading, guess how much is actually used for "exchanging money"? Only 28%. What about the rest? More than half—specifically, 51%—is driven by FX swaps.
What is this essentially? It's the vascular system of global dollar financing. Banks and corporations worldwide use this network to borrow dollars short-term and repay in their local currency, over and over again. What's even more staggering is that this system hides over $80 trillion in
View OriginalOut of the $7.5 trillion in daily forex trading, guess how much is actually used for "exchanging money"? Only 28%. What about the rest? More than half—specifically, 51%—is driven by FX swaps.
What is this essentially? It's the vascular system of global dollar financing. Banks and corporations worldwide use this network to borrow dollars short-term and repay in their local currency, over and over again. What's even more staggering is that this system hides over $80 trillion in
