Roxe: Announces Payment Protocol
- Roxe empowers traditional financial institutions, crypto exchanges, and individuals to transfer fiat
- New Protocol Uses DeFi Liquidity Pools to Deliver the Best Wholesale Foreign Exchange Rates to Any Individual, Business
- Payment Protocol uses a key innovation decentralized finance (DeFi) liquidity pools to deliver among the least expensive
- Too many intermediary banks, forex market makers, and brokers make today’s FX transactions too expensive
- Instead of a traditional order book, RPP uses AMM liquidity pools to provide liquidity for faster, less expensive
- Payment remitters are forced to markup their FX costs from costly FX brokers in the traditional financial system