A new approach known as “boutique market-making” can unlock growth, providing tailored liquidity solutions that consider local factors like regional regulations, cultural nuance and specific pain points for each market. This “boutique” approach will bring enormous benefits to the average person in emerging markets and, for the first time, create access to financial services and give them control over their economic outlook.
By providing consistent buy and sell orders, they reduce slippage and price volatility, creating a reliable environment for developers to build tools, platforms and decentralized applications tailored to local needs. The stability provided by boutique market makers stems from their tailored strategies, using local knowledge, navigating regulatory mazes and bridging fragmented markets.
Many local banking systems, aiming to protect their clients from this volatility, have implemented blanket bans on crypto-related transactions, causing settlement friction. This cocktail of issues has pushed people away from centralized banking and right into the waiting arms of peer-to-peer trading, where direct transactions further fragment liquidity and make it hard for localized cryptocurrency exchanges to gain traction.
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Author / Journalist: Cointelegraph by Mārtiņš Beņķītis
The story "Emerging markets need boutique market-making to reach their full potential" has 932 words across 51 sentences, which will take approximately 4 - 8 minutes for the average person to read.
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