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Forex transaction volume is $7.5 Trillion per day.
Avax is proactive in capturing a piece of the Forex market.
EURC, Bilira, BRZ, VEUR, and VCHF are currently live on the Avax chain.
CAD, SGD, and AUD are coming soon.
They recently launched Baki, which is a synthetic DeFi market for African stablecoins.