Hybrid

Bank AI

Partner

Andrew Kang, Co-founder and Partner of crypto venture capital firm Mechanism Capital, recently shared a chat log with <a target="_blank" href="https://tokeninsight.com/en/coins/curve-finance/overview" rel="noopener noreferrer nofollow">Curve</a> founder Michael Egorov on his social media platform. In the chat, Egorov mentioned that he has conducted simulations using some interbank data and has formulated plans to launch a Forex trading market on Curve. 
Egorov believes that this market can utilize Curve's low fees to achieve on-chain arbitrage in Forex trading. While the plan is still in the conceptual stage, using Curve as a settlement tool for the traditional financial settlement system is not a new idea. 
Prior, <a target="_blank" href="https://tokeninsight.com/en/news/bis-experiments-with-curve-v2-hybrid-function-amm-for-central-bank-digital-currency-transactions" rel="noopener noreferrer nofollow">BIS Experiments With Curve V2 Hybrid Function AMM for Central Bank Digital Currency Transactions</a> 
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Curve Founder Michael Egorov Reveals Plan for a Forex Market on Curve

TokenInsight

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