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  • 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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8511/152202_4e49b82d44f1b9ea_003.jpg

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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