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Nonco Launches FX On-Chain on Avalanche to Boost Institutional Stablecoin Liquidity

Summary by TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide
Nonco’s goal is to make the foreign exchange market more operationally effective for businesses and institutions by increasing the amount of stablecoin liquidity. This initiative aims to bridge the gap between the expanding stablecoin market and the liquidity and activity of the institutional FX market. The foreign exchange (FX) On-Chain initiative has been launched on the Avalanche network by Nonco, a leading institutional digital asset trading…
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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto GuideTheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Nonco Launches FX On-Chain on Avalanche to Boost Institutional Stablecoin Liquidity

Nonco’s goal is to make the foreign exchange market more operationally effective for businesses and institutions by increasing the amount of stablecoin liquidity. This initiative aims to bridge the gap between the expanding stablecoin market and the liquidity and activity of the institutional FX market. The foreign exchange (FX) On-Chain initiative has been launched on the Avalanche network by Nonco, a leading institutional digital asset trading…

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chainwire.orgchainwire.org

Nonco Brings Institutional FX Liquidity On-Chain, Powered by Avalanche

New York, New York, April 3rd, 2025, Chainwire Nonco, a leading institutional digital asset trading firm, has launched its foreign exchange (FX) On-Chain initiative on the Avalanche network, bridging institutional FX liquidity and activity with the growing stablecoin market.  Built on Avalanche C-Chain–the network’s liquidity hub–Nonco’s FX On-Chain protocol automates conversions between local currency- and USD-backed stablecoins, like USDC, USD…

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coincodex.comcoincodex.com

Nonco Launches On-Chain Institutional FX Liquidity Using Avalanche Network

Key highlights: Nonco introduces FX On-Chain on Avalanche, automating currency swaps between USD- and non-USD-backed stablecoins. Institutional liquidity providers and bank integrations aim to reduce conversion costs and improve transaction speed. VanEck invests in Nonco to support the development of stablecoin-based FX infrastructure. Institutional FX meets blockchain in new stablecoin initiative Digital asset trading firm Nonco has unveiled …

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DailyTruthReportDailyTruthReport

Nonco Launches FX Onchain Initiative on Avalanche, Aiming to Bridge Institutional FX Liquidity With Stablecoins

Nonco, an institutional digital asset trading firm, has launched its foreign exchange (FX) onchain initiative on the Avalanche network, aiming to bridge institutional FX liquidity with the stablecoin market. The FX Onchain protocol, built on Avalanche’s C-Chain, automates conversions between local currencies and USD-backed stablecoins, such as USDC and USDT, facilitating faster and more cost-effective... The post Nonco Launches FX Onchain Initia…

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DailyTruthReport broke the news in on Thursday, April 3, 2025.
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