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Until now, when we talk about stablecoins, we think of money transfers, DeFi , or payment methods.
But lately I've noticed that the narrative is going much further.
Even the FX market is starting to show signs of shifting towards on-chain.
Reading more about @Hibachi's direction reveals they're aiming for something bigger than a typical trading platform.
The goal is to create a foreign exchange market where transactions take place directly using stablecoins.
As stablecoins become increasingly popular globally, faster money transfers and more liquidation are available on-chain.
Therefore, if FX continues to operate on the old model, it will gradually become less effective.
Could this move be a big idea for the future?
Hibachiooo!!
twitter.com/bachkhoabnb/status...
1 PTS = $1 is fine.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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