Textile FX

On-chain FX. Instant, tight, permissionless.

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[Textile FX @Textileprotocol]

$100 crossing a border touches more hands than you'd think a bank in the middle, a fintech skipping that bank, then a stablecoin sandwich skipping the fintech.

we wrote the full story of how money moves, and where it still loses value without anyone telling you.

read it here →https://t.co/50pxv05ytZ

[Textile FX @Textileprotocol]

@StanChart sounds like you guys are stealing our predictions

[crypto.news @cryptodotnews]

BIG: Standard Chartered's Geoff Kendrick predicts stablecoins could power the entire FX market by 2030

He estimates that $10 billion in euro-backed stablecoins could move a significant share of FX trading on-chain if token circulation is fast enough.

[Textile FX @Textileprotocol]

@SuperDad10x @mel_sol1 @Kiyoshi_FX_ @Celo @CeloDevs good morning

[Textile FX @Textileprotocol]

Gm gm Textile rates

USDT/IDR
Sell USDT Rp18,123
Buy USDT Rp18,131

USDT/NGN
Sell USDT ₦1,388.67
Buy USDT ₦1,389.33

USDT/BRL
Sell USDT R$5.560
Buy USDT R$5.563

Both sides, all day.

https://t.co/K5hfVs1zNC

[Textile FX @Textileprotocol]

Honestly we never imagined such results, good luck everyone!

[Loops House @LoopsHouse]

The Agents on Open Rails Hackathon hosted on Loops House by @Celo with Use Buy AI, @RipioHQ, @TextileProtocol wrapped yesterday!

305 builders. $5.79M+ in generated volume. And a whole lot of agent-powered activity on Celo.

But here's what happened behind the scenes at Loops House:

We ran 178 evaluations across tracks, tracking onchain activity, and handling agentic evaluation of projects.

Now, human judges take over to pick the best of the best. Winners announced Friday. Stay tuned. 🥁

[Textile FX @Textileprotocol]

@GigaHierz @Celo @marek_ @ripiohq @CeloDevs <3!

[Textile FX @Textileprotocol]

12K onchain FX txns in one hackathon!

still a little floored by how many builders showed up to run agents on Textile.

thank you for having us @Celo, this is exactly the kind of people we built the rail for.

[Celo @Celo]

The Agents on Open Rails hackathon closed yesterday! 305 builders & their agents generated $5.79M+ in volume, plus:

→ 15K+ @RipioHQ wFIAT txns
→ 12K+ @TextileProtocol onchain FX txns
→ 2.6K+ https://t.co/HQwBVu5xo7 purchases

Winners to be announced on Friday, stay tuned 🥁

[Textile FX @Textileprotocol]

@USDT0_to @Celo @ethereumfndn @trondao

[Textile FX @Textileprotocol]

Most of the world's USDT lives on Tron, almost none of the FX does.

You know where it does? @Celo. That gap just closed.
On Textile you can buy USDT against cNGN on @Celo or @ethereumfndn Ethereum and have it land in your @trondao Tron wallet.

Or the other way: bring USDT on Tron, pick up local stablecoins on Celo or Ethereum.

@USDT0_to carries the dollars chain to chain. The swap clears at the rate you saw.

FX. Instant, record rates, permissionless.

[Tomer Bariach @TBariach]

When someone asks me "Which corridors are you active in?" after @sserrano44 dropped our name on the @Bankless podcast

[Textile FX @Textileprotocol]

@ddrewkessler @TTT_News_ @Celo @minipay that's what we thuoght

[zerolore @zerolore]

USDT0 is the infra on which each USDT based product will be built upon.

Excited to see @Textileprotocol integrating our underlying interop!

[Textile FX @Textileprotocol]

@ScipioSiberian @Celo @ethereumfndn @trondao depends on the chain, but all together about $1m

[Textile FX @Textileprotocol]

@hypersoundNFT @Celo @ethereumfndn @trondao @idrx_co it's already live for IDRX :)

[Textile FX @Textileprotocol]

@hypersoundNFT @Celo @ethereumfndn @trondao @idrx_co it's already live for iDRX ;)

[Textile FX @Textileprotocol]

Did we just hear, no we didn't, did we?

@sserrano44 thanks for the mention <3!

here

[Bankless @Bankless]

NEW EPISODE - Tokenizing Latin America: Six Currencies, One Financial System

Dollar stablecoins help people protect their savings. But everyday finance still runs on pesos, reals, and other local currencies.

@RipioApp CEO @sserrano44 joins @TrustlessState to unpack why six LATAM currencies are coming onchain, how 1:1 deposits could fix crypto's costly on-ramps, why Uniswap can compete with traditional FX, and what local-currency DeFi means for banks.

CHAPTERS
---

0:00 Crypto adoption in Latin America
5:38 Local currencies, FX and the carry trade
8:19 Inside Ripio: crypto infrastructure for LatAm
16:29 Fixing on-ramps with local stablecoins
28:26 Wrapped fiat: business model and cross-border payments
35:29 Distribution and which blockchains
42:14 Regulators, banks and market growth

[Textile FX @Textileprotocol]

@Bankless @RipioApp @sserrano44 @TrustlessState cross border payments, local stablecoins, onchain FX.

moving Tradifi to DeFi

[Textile FX @Textileprotocol]

Gm gm Textile rates

USDT/IDR
Sell USDT Rp18,076
Buy USDT Rp18,084

USDT/NGN
Sell USDT ₦1,382.58
Buy USDT ₦1,383.22

USDT/BRL
Sell USDT R$5.52
Buy USDT R$5.53

Both sides, all day.

https://t.co/K5hfVs1zNC

[Textile FX @Textileprotocol]

@monad_news_ @cngn_co @monad oh that's nice, where is it going to be traded? we've heard some dexes are making few $m a day...

[Textile FX @Textileprotocol]

@Iamfemidotun clarity helps. but the scam only works because there’s a counterparty to scam.take them out. swap on-chain, atomic. nothing to release, nothing to fake.