The World's 6.6 Trillion per Day Forex Market Will Migrate On-Chain - Lalo Bazzi

Written by ishanpandey | Published 2021/10/31
Tech Story Tags: stablecoins | dlt | forex | decentralization | cryptocurrency | digital-assets | decentralized-stablecoins | defi-top-story

TLDRStablecoin adoption has soared, with a market worth that has risen from roughly $10 billion to over $100 billion. Stablecoins are now the crux of lending and credit markets, whereby yield is over 100x that offered by savings accounts at banks. Users may mint, trade, and lend stablecoins while accessing crypto assets from multiple blockchains - all on a single platform, the exchange. We must also remember that every single person on earth wishes to manage their own private key.via the TL;DR App

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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.
Published by HackerNoon on 2021/10/31