Blockchain
Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly into the Traditional Financial System
- This marks the first time that a decentralized stablecoin can be purchased directly from a bank account, not using a crypto exchange.
- It lays the foundation for mass adoption of stablecoins.
- Primary use case is in the remittance market, allowing users to send peer-to-peer money at lower rates than traditional providers like Western Union.
- Uses a pool mechanism on Balancer, on the Arbitrum network.
Geneva, Switzerland–(Newsfile Corp. – January 23, 2023) –
Figure 2
To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/8511/152202_4e49b82d44f1b9ea_002full.jpg
Holders can also spend their Dai on their Fluid Cards, which run on the Mastercard network. These cards are available to anyone, globally.
Figure 3
To view an enhanced version of Figure 3, please visit:
https://images.newsfilecorp.com/files/8511/152202_4e49b82d44f1b9ea_003full.jpg
See these on YouTube here: https://bit.ly/3XfExEG.
Tina Bielowski
[email protected]
+41 22 731 86 66
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/152202
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