On daily basis, about $2.2 trillion in foreign-exchange (FX) transactions carry a danger that the yet-to-be settled facet of an settlement received’t meet obligations. However a brand new paper from Circle Web Monetary and decentralized trade Uniswap Labs finds {that a} distributed ledger may clear up that downside with simultaneous settlement.
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Circle, Uniswap Analysis Says DeFi Can Clear up $2 Trillion FX Danger Downside
