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> Can you explain how a decenteralized exchange provides USD? A major part of the OmiseGo plan is full cash-in/cash-out capabilities via as many ATMs as they c
by jv22222 9y ago
> Can you explain how a decenteralized exchange provides USD?
A major part of the OmiseGo plan is full cash-in/cash-out capabilities via as many ATMs as they can get connected to.
They have access to quite a few thousand ATMs out the gate via strategic investments and partnerships with a number of very large banks in Aisia.
Their parent company is Omise (basically the Asian Stripe) already has a cashflow of $100-$500m/day. FYI They will be switching all their existing business to run on the new dex, so from the get go it will start with a large volume as the test case.
Checkout the OmiseGo white-paper for the main details.