Add as a preferred source on Google1inch PR Chief Says Stablecoin Payments Settled Onchain Finance Debate
Dominic Cox also pointed to the New York Stock Exchange’s planned platform for 24/7 tokenized trading with stablecoin funding.
Dominic Cox, head of public relations at 1inch, argued that stablecoin payments have settled the debate over whether financial activity will move onto blockchain networks.
Cox pointed to stablecoin payment adoption and the New York Stock Exchange’s plans for tokenized trading. The exchange is developing a platform designed to support 24/7 tokenized trading with stablecoin-based funding.
1inch is a decentralized exchange aggregator that facilitates crypto token swaps across multiple blockchains. Variational has also outlined plans to bring institutional-grade trading to onchain markets in its effort to bring traditional finance liquidity onchain.