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haonan
@haonan
reports from the stablecoin frontier • co-founder & ceo @codexfx • prev: @optimism @wharton @palladiummag
Joined February 2018
258 Following    28.5K Followers
Brazil has one of the largest FX markets among emerging economies yet cross-border BRL has been stuck on legacy infrastructure. pix is incredible domestically, but it's BRL-only the moment you cross borders, everything breaks down and businesses are stuck with slow settlement, bad rates, and banking hours this is where Codex FX earns its place: pix on one side handling BRL settlement, stablecoins on the other handling the dollar leg, with Codex FX connecting them settlement that used to take days now takes minutes at wholesale pricing this is the infrastructure that lets stablecoins move into the real world
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