/biz/ - Business & Finance

>>25994764
pic related is the first ten or so exchanges worth of volume for the btc-usdt pair as listed on coingecko.

imagine even a portion of that flowing through a non-kyc, anonymous option.

say 1% of that flows through the xsn dex by year end. that's nearly $200,000,000 in volume per day, JUST for that coin pair.

now, add eth/usdt, link/usdt, eth/btc, link/btc, and so on. Imagine that all flowing through the dex. that's easily over $500MM in volume, per day. the only way you could do that before the dex was to allow a cex to take possession of your coins.

soon, it will be possible for anyone to do this non-custodially, cheaply, simply, and anonymously.