Stablecoins are creating new possibilities for on-chain foreign exchange. On a recent episode of the @TokenizedPod, Tetra Digital Group CEO Didier Lavallee joined Cuy Sheffield (@Visa), Noah Levine (@a16z), and Eric Queathem (Velocity) to discuss the future of stablecoin payments and the role local currency stablecoins can play in cross-border transactions. One area of focus for the conversation was how on-chain FX can streamline cross-border payments by enabling efficient conversion between local currency stablecoins. For businesses, that could mean lower FX costs, faster settlement, and greater automation. Growing liquidity will be key to unlocking these benefits at scale.

The Canadian dollar is the world’s eighth most traded currency, yet onchain FX for CAD is still just getting started. As Didier Lavallee says on the latest episode of the Tokenized Podcast: “Although Canada represents about 2% of global GDP, it’s a G7 trading FX pair that accounts for roughly 6% of global FX flows.” With the United States as Canada’s largest trading partner, deeper onchain FX infrastructure represents a significant opportunity for faster, lower-cost cross-border payments and corporate treasury. In the conversation, Tetra Digital Group Founder & CEO Didier Lavallée joins Cuy Sheffield, Noah Levine, and Eric Queathem to discuss what it will take to drive broader adoption of onchain FX and where CADD fits into that evolution.