Thread by @pscltllrd

Cool for DeFi users! But the real deal is bigger!

@paraswap's API will allow jFIATs to be integrated everywhere.

I have been in touch with custodial wallets, OTC desks/brokers, and entrepreneurs from Africa and Europe for a while now. This is what they were expecting!

1/7

https://twitter.com/Jarvis_Network/status/1472230888511520769

For me, the end goal of what we do at Jarvis is to become the backbone of on-chain stablecoin liquidity, thanks to our 0-slippage on-chain Forex market #deforex #defx.

Whether it is through our #PLAAS program which helps other stablecoins with their peg and liquidity ...

2/7

... or directly through our own protocol, Jarvis will be playing an important role in swapping fiat stablecoins for other stablecoins or for other crypto-assets.

3/7

Now, with this @paraswap integration, people can leverage our protocol's capabilities using their APIs.

It can be a broker, for example! I am discussing with ex-colleagues from the Fx industry who are now working on setting up a crypto-broker, looking to be using Paraswap!

4/7

It can be a custodial wallet in Africa, also! I am discussing with a few companies in Nigeria and in the CEMAC/UEMOA zone for a few months now, and they would love to provide their users with the most liquid NGN or CFA stablecoins!

5/7

It can be Revolut challenger! I am also speaking with countless "crypto neo-bank" being developed in Europe, who are looking to utilize our on-chain Forex market + Paraswap as well!

6/7

In conclusion, this is as big for Jarvis as it is for @paraswap and I am very happy to be pushing more and more fintech projects looking to utilize our jFIAT, in integrating Paraswap.

In a few years, Paraswap x Jarvis will be the default backend of many applications!

7/7