Traditional FX trading often burdens individuals and businesses due to geopolitical and profit-driven inefficiencies. A recent study by UniSwap and Circle sheds light on the transformative potential of blockchain in this space:
Rate Alignment: On-chain FX rates match traditional market rates.
24/7 Stability: Liquidity remains robust, even on weekends.
Cost Reduction: On-chain FX trading can cut remittance costs by up to 80%.
DeFi Empower Real Business: Empowering financial inclusion, SMEs, and enterprises by lowering FX costs and boosting accessibility.
At PixelSwap, we believe #DeFi is key to driving global economic change. Let’s build a better financial future together!
Read the paper https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4328948
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