/biz/ - Business & Finance

>>56198976
>how much would the fee be? It has to be less than 2.9287%. Much lower for sure
See pic, the benefit of tokenisation is not necessarily a drastic reduction in immediate fee costs.

>>56198933
>what about staking as a source of pump
Apparently OP had no idea that was a thing.

>>56199210
>>56199217
With tokenisation/CCIP/Chainlink, there is obviously no need for any kind of forex and/or nostro-vostro, but you still need to pay for the blockchain activity that replaces forex/nostro-vostro, etc.
It may not be all that much cheaper necessarily, but it'll be a lot faster, more secure, and more efficient.

>>56199236
>Most FX trades are OTC, so there is no intermediary, it's just you and the bank.
Even the foreign currencies banks have available in the target country had to be procured and transferred there first.