“A lot of people that are not from America, they want to probably use their local currency, right?” McNamee told CoinDesk in a phone interview. “Especially for firms or trading funds, or neobanks that are offering high interest savings accounts to users on top of DeFi, it's pretty risky not to hedge your FX exposure.”
https://www.coindesk.com/business/2022/04/26/decentralized-forex-is-coming-to-terra-vertex-protocol-raises-85m/
2022-04-26 13:00:00Z
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