⁉️The Problem

FxD addresses the FOREX & Payments Markets

The Market: FOREX and Remittances (+ more)

Two of the largest markets - both extremely inefficient.

BANK OF ENGLAND

Both markets drag on global commerce, favor and increase economic inequality on a government, commercial, and consumer level.

Global commerce w/ FX (cross-border payments) has approx. $7-$14 trillion dollars of volume a day.

Simply Fees Are High & The Processes Are Slow:

Fees are high (avg. +6% per tx) & central banks hold payments in SWIFT/ACH accounts for profit overnight, at a minimum. These hindrances are unnecessary. With a very small percentage of this market, any business/org. can capture revenue in the billions of dollars. We are not the first project to state most of the points in this document.

Please see Copy Write / Trademark - all descriptions in this paper of products and services are legally protected and undergoing the IP process on behalf of FATExDAO. We encourage any project/person to join/partner with us.

The solution described can be done with the whole DeFi/blockchain community participating, which is ideal.