Home Cryptocurrency Circle, Uniswap Research Says DeFi May Solve $2 Trillion FX Risk Problem

Circle, Uniswap Research Says DeFi May Solve $2 Trillion FX Risk Problem

by SuperiorInvest

Every day, about $2.2 trillion in foreign exchange (FX) transactions carry the risk that a party to a deal yet to be settled will default. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs found that a distributed ledger could solve this problem with simultaneous settlement.

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