Cosmos-based DEX Osmosis launches a stableswap

12/08 14:27

According to The Block, Cosmos-based decentralized exchange Osmosis has launched a stableswap — a protocol for trading stablecoins. The solution aims to let traders swap large amounts of stablecoins with minimum price impact. With this launch, Osmosis developers hope to become the main venue where Cosmos users can access and trade a wider range of stablecoins, both centralized and ones backed with crypto tokens. Osmosis want to support multiple stablecoins in the Cosmos ecosystem like USDC, USDT, BUSD.

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