good news! According to blockchain enthusiast Andrew Kang, Curve founder Michael Egorove is considering launching a foreign exchange trading market on the Curve platform. Egorove said he has run simulations using some interbank data and made some preliminary plans. He believes that on-chain arbitrage in foreign exchange transactions can be achieved by taking advantage of Curve’s low fees.
While the idea is still in the gestation stage, this is not the first time Curve has been proposed as a traditional financial settlement tool. Previously, the Bank for International Settlements has experimented with using Curve V2 hybrid function AMM for central bank digital currency transactions.
What do you think of this idea? Welcome to share your opinions in the comment area!