Stage 4: OTC on Uniswap
- 10% Done, 60% Completion Target by End of 2025 -
Last updated
- 10% Done, 60% Completion Target by End of 2025 -
Last updated
Given that the ERC20 tokens issued by Fiat24 (e.g., USD24, EURO24) are legally fiat money but technically ERC20 tokens, they can be easily swapped on Uniswap. We anticipate that once the number of Fiat24 clients surpasses 50,000, a fully market-driven pool with sufficient liquidity depth will emerge on Uniswap for swapping USDC and USD24 (stablecoin vs fiat money). Users will then be able to seamlessly swap between crypto and fiat as easily as swapping any crypto asset.
By then, the boundary between crypto and fiat will be completely eliminated.