According to Foresight News, the institutional digital asset trading company Nonco has launched FX On-Chain on the Avalanche network, aiming to connect institutional forex liquidity and activities with the stablecoin market. Nonco's FX On-Chain protocol is built on the Avalanche C-Chain and can automatically convert between local currencies and dollar-backed stablecoins (such as USDC, USDT, AUSD, etc.). Nonco has received an investment commitment from VanEck.
According to Foresight News, the institutional digital asset trading company Nonco has launched FX On-Chain on the Avalanche network, aiming to connect institutional forex liquidity and activities with the stablecoin market. Nonco's FX On-Chain protocol is built on the Avalanche C-Chain and can automatically convert between local currencies and dollar-backed stablecoins (such as USDC, USDT, AUSD, etc.). Nonco has received an investment commitment from VanEck.