Company attributes
Cryptocurrency attributes
Other attributes
About
As crypto continues to spread into every corner of global markets, certain participants have notably been left behind. Vertex believes that decentralized finance has the potential to democratize finance for all citizens of the globe but to do so, must ultimately replace the current tools available in TradFi.
Specifically, DeFi predominantly revolves around the use of USD-denominated stablecoins, primarily USDT and USDC. The limitations of not having a multi-currency market is poignant — chiefly in that non-dollar markets are ill-served by decentralized finance as a result.
Mechanism
Vertex sets out to create the infrastructure and mechanisms necessary to bring real-world money markets and genuine financial products on-chain.
Specifically, Vertex will create a tru
ed stablecoins and their perpetuals enabling:
Expansion of utility for non-UST stablecoins
Facilitation of hedging and speculation in crypto FX markets
Inclusion of non-USD participants across a range of blockchains and protocols
