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by Unity Nodes
NEAR Protocol

NEAR intents solves the stablecoin interoperability problem

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About this video

Stablecoins are growing fast.

But moving between different currencies isn't always simple.

Many currency pairs have little or no onchain liquidity.

That's where Intents come in.

Instead of relying on direct trading pairs, Intents can find the best route across networks, making cross-border payments and agent-to-agent commerce far more practical.

#NEARProtocol #Stablecoins #Intents #AI #Web3

Transcript

79 words

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    where the interesting new avenues are is starting to plug in into foreign exchange rates. Right now you have stable coins here and stable coins there. How do you actually connect all that? There's no liquidity right on chain for any of those stable coins like you want to go from, you know, uh Mexican to Brazil real, right? There's no liquidity of that pair. How do you go there? And well, intense actually can provide this very effectively.