XRP one step closer to Trillions traded Daily FX Swaps Market FXCoin & SBI Collaboration. Crypto News Video by crypto Eri.
To establish SWAP market: Finally, when interest rates are born on crypto assets, futures prices will be optimized as described above, which will lead to the creation of the SWAP market that we are promoting. The SWAP market is indispensable for the spread of actual demand transactions using crypto assets with volatile prices, as hedging means such as futures contracts in exchange terms are required.
The expansion of the interest rate market through lending will be a milestone. FXcoin, which was established mainly by people from financial institutions, will continue to provide what is lacking in the crypto asset market from this financial perspective.
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