機構FX在新的Stablecoin倡議中遇到區塊鏈

數字資產交易公司Nonco已在雪崩區塊鏈上推出了其新的FX鍊鍊協議，這標誌著將傳統外匯（FX）流動性集成到基於區塊鏈的金融基礎設施中的努力。

Digital asset trading firm Nonco has unveiled its new FX On-Chain protocol on the Avalanche blockchain, facilitating the direct conversion between USD-backed stablecoins and non-USD stablecoins pegged to currencies like the euro, Brazilian real, and Mexican peso.

數字資產貿易公司Nonco已在雪崩區塊鏈上揭示了其新的FX鍊鍊協議，從而促進了USD支持的Stablecoins和非USD Stablecoins之間的直接轉換，這些貨幣與歐元，巴西皇家和墨西哥Peso等貨幣相關。

Nonco, which is backed by Valor Capital and Hack VC, said its protocol will offer more competitive spreads and faster settlement compared to automated market maker (AMM) models. For this, it is tapping into institutional FX providers to offer liquidity.

由Valor Capital和Hack VC的支持的Nonco表示，與自動營銷商（AMM）模型相比，其協議將提供更具競爭力和更快的和解。為此，它正在利用機構FX提供商提供流動性。

The protocol will initially support USDMXN pairs, with plans to expand into EURUSD, USDBRL, and more in the near future.

該協議最初將支持USDMXN對，併計劃在不久的將來擴展到Eurusd，USDBRL等。

The protocol is built on Avalanche’s C-Chain, which is said to be a central hub of liquidity for decentralized applications. The system automates the process of converting between local and USD-pegged stablecoins, aiming to optimize global payments, cross-border remittances, and multi-currency settlements.

該協議建立在雪崩的C鏈上，據說這是分散應用程序的流動性中心樞紐。該系統自動化本地和USD-PEGGGEGGECOINS之間轉換的過程，旨在優化全球付款，跨境匯款和多幣種和解。

While stablecoins such as USDC and USDT have reportedly achieved a combined market capitalization of over $200 billion, Nonco said that stablecoins pegged to non-USD currencies remain largely underused due to fragmented liquidity and operational hurdles in facilitating conversions.

據報導，諸如USDC和USDT之類的Stablecoins已實現了超過2000億美元的市值，但Nonco表示，由於零散的流動性和在促進轉化方面的運營障礙，與非USD貨幣掛鉤的Stablecoins在很大程度上仍未使用。

To overcome these challenges, Nonco said it has assembled a network of institutional foreign exchange (FX) provides to offer optimal pricing and efficient execution.

為了克服這些挑戰，Nonco表示，它已經組建了一個機構外匯網絡（FX）提供了最佳的定價和有效的執行。

The protocol also includes several features designed to align blockchain-based transactions more closely with traditional financial standards. It utilizes a Request-for-Quote (RFQ) system to deliver "institutional-grade pricing," offering rates and spreads that closely reflect those in off-chain FX markets, the firm said.

該協議還包括幾個功能，旨在將基於區塊鏈的交易更加緊密地與傳統的財務標准保持一致。該公司表示，它利用請求引用（RFQ）系統提供“機構級定價”，提供價格並差異，這些價格緊密反映了鏈外FX市場中的價格。

Trades are settled atomically on-chain, which helps minimize counterparty credit risk, especially in more complex multi-currency transactions. The protocol also includes direct integrations with regulated banks and stablecoin issuers, facilitating smoother transitions between traditional and digital finance environments, it added.

交易在原子上定居，這有助於最大程度地減少對應物信用風險，尤其是在更複雜的多貨幣交易中。該協議還包括與受監管的銀行和Stablecoin發行人的直接集成，從而促進了傳統和數字融資環境之間的更平滑過渡。

Avalanche's infrastructure supports extended trading hours and enables rapid settlement, contributing to a smoother transaction experience, Nonco said.

Nonco說，雪崩的基礎設施支持擴展的交易小時，並可以快速解決，這導致了平滑的交易經驗。

“FX On-Chain represents a step-change in bringing institutional FX liquidity to blockchain-based markets. Nonco's expertise in institutional trading and its high-quality network of partners and customers, combined with Avalanche's high-performance infrastructure, marks a major step toward expanding stablecoin-based FX markets and capabilities—something the whole industry has been waiting to see,” said Morgan Krupetsky, Head of Institutions & Capital Markets at Ava Labs.

“ FX FX鍊鍊代表了將機構FX流動性帶到基於區塊鏈的市場。Nonco在機構交易方面的專業知識及其高質量的合作夥伴和客戶網絡，以及Avalanche高性能的基礎架構相結合，標誌著基於STABLECOIN MORTON的主要步驟，可以遠離Spablecoin Mornations和Cably的行業 - Krupetsky，Ava Labs的機構和資本市場負責人。

As part of its expansion plans, the firm also announced that asset management firm VanEck has committed to investing in Nonco.

作為其擴展計劃的一部分，該公司還宣布資產管理公司Vaneck致力於投資Nonco。

Announcing the investment, Jan van Eck, CEO of VanEck, said: “At VanEck, we are always exploring new technologies and investment opportunities. We have been following the development of digital assets with great interest, and we see significant potential in this emerging ecosystem.”

Vaneck首席執行官Jan Van Eck宣布投資時說：“在Vaneck，我們一直在探索新的技術和投資機會。我們一直在關注具有極大興趣的數字資產的開發，並且我們看到了這個新興生態系統的巨大潛力。”

Highlighting the firm's interest in Nonco, van Eck added: “We are particularly impressed by Nonco's team and their vision for merging stablecoin infrastructure with institutional-grade foreign exchange capabilities. We believe that Nonco is well-positioned to become a leading player in the rapidly growing digital asset market.”

範·埃克（Van Eck）強調了該公司對Nonco的興趣，“我們對Nonco的團隊以及他們將Stablecoin基礎設施與機構外彙能力合併的願景給我們留下了深刻的印象。我們相信，非CO在快速增長的數字資產市場中成為備受矚目的領先者。”

Nonco has also secured prior funding from firms including Valor Capital, Hack VC, and Morgan Creek Digital.

Nonco還從包括Valor Capital，Hack VC和Morgan Creek Digital等公司的公司獲得了先前的資金。

Commenting on the launch of the protocol and the firm's expansion plans, Fernando Martinez, CEO of Nonco, said: “We chose Avalanche for its speed, low fees, and compatibility with Ethereum-based tooling.

Nonco首席執行官費爾南多·馬丁內斯（Fernando Martinez）在評論該協議的啟動和公司的擴展計劃時說：“我們選擇了雪崩的速度，低費用和與以太坊的工具的兼容性。

“Nonco is building the next generation of financial protocols on Avalanche to unlock liquidity and provide new use cases forcoins like USDC and USDT. Nonco’s FX On-Chain protocol solves a key inefficiency in stablecoin markets: the lack of institutional FX liquidity.”

“ Nonco正在建立下一代的雪崩財務方案，以解鎖流動性，並提供新的用例，例如USDC和USDT。Nonco的FX FX鍊鍊協議解決了穩定市場的關鍵效率低下：缺乏機構FX流動性。”