Blockchain Insider Podcast by 11:FS cover image

175. Insights: Getting to the bottom of Decentralised Exchanges

Blockchain Insider Podcast by 11:FS

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Do You See Use Cases for Stablecoins to Diversify Your Portfolio?

Lumiil: Do you see use cases for DEXs to become these foreign exchange markets where people will convert between two fiat currencies but be able to do this in this non-custodial, permissionless way? Are you seeing that activity happen today of two Fiat currencies represented as stablecoins in a pool being converted through something like Uniswap? Lumiil: Yeah, stablecoins, they give me advice to solve many different use cases. Like I said, when you have country-specific-paked stable coins, imagine that you need to travel somewhere else. So right now, in Brazil, I have a lot of Brazilian Royale and I'm going to Russia

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