StoneSwap
getting rid of the rent-seeking middleman in cross-border payments
Created on 17th September 2022
•
StoneSwap
getting rid of the rent-seeking middleman in cross-border payments
The problem StoneSwap solves
Using stablecoins in the backhand and a hedged FX exposure, this model is able to cut fees dramatically when retail exchanges exchanges their fiat to other fiat.
Challenges we ran into
Bank or crypto exchange api to automatically, against reasonable fees, buy usdc when the fiat is received on the bank account.
Discussion
Builders also viewed
See more projects on Devfolio