Specialist trading publication FOW (Derivia) covered Gravity Team’s emerging-markets OTC desk launch: an institutional OTC desk that pairs the algorithmic trading firm’s digital asset liquidity with direct local banking relationships in more than 20 markets, so it can settle in the destination market instead of routing through the correspondent chain.

Stablecoin legs settle in under 60 seconds, with same-day (T+0) fiat settlement where local banking conditions allow. Co-Founder and CEO Mārtiņš Beņķītis said at launch that most institutions can find liquidity, and that the harder task is moving money quickly across the right jurisdictions.