PANews reported on August 7 that Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, shared a chat record with Curve founder Michael Egorove on Twitter. In the chat, Egorove said that he had simulated some interbank data and made some plans to launch a foreign exchange trading market on Curve. Egorove believes that the market can use Curve's low fees to achieve on-chain arbitrage in foreign exchange transactions.