Source: Crypto.news ↗
Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says
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What the source reports
Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Raj Kamal, founder and CEO of payments company TransFi, told crypto.news that issuing euro, sterling, yen,…
Read the original report on Crypto.news ↗