Forums
Talk about anything you want!
Login to get your referral link.
no one’s talking about this: dYdX set to shake up US markets with Solana, XRP, and Cardano trading – Trump
problem: Decentralized crypto exchanges face regulatory uncertainty in the US, hindering market entry.
insight: dYdX’s strategic move
dYdX (DYDX), a leading decentralized crypto trading platform, plans to enter the US market by year-end post-Trump admin’s crypto policy change. Unlike centralized exchanges, dYdX eliminates intermediaries, enabling direct blockchain transactions. Specializing in perpetual contracts, it aims to introduce Solana, XRP, and Cardano trading in the US. Trump’s support led to industry-friendly laws like the GENIUS Act, boosting digital asset adoption. dYdX intends to slash trading fees in the US. Regulators may permit perpetual contracts, enhancing dYdX’s offerings. SEC and CFTC hint at allowing crypto contracts on regulated US platforms.
3
Voices
2
Replies