Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says

September 7, 2026
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Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency.

Summary

  • TransFi CEO Raj Kamal expects local-currency stablecoins to move more foreign exchange activity onchain.
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