Stablecoins move collateral between crypto venues in minutes, while payouts in pesos or rupiah still wait on local banks and their opening hours. Speaking to FOW, Gravity Team Co-Founder and CEO Mārtiņš Beņķītis said growing stablecoin use in emerging markets could create demand for derivatives that hedge stablecoin and local-currency risk in a single instrument. Weekend settlement, he said, needs someone already holding the currency: “It is an inventory problem more than a connectivity problem.”
Stablecoin growth could drive demand for emerging-market derivatives, says Gravity Team CEO
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