Onomy Protocol (NOM) is a token that is used as collateral for stablecoin mining, management and remuneration. It also provides network security through staking. The token belongs to the Cosmos chain of the first level for a multi-chain and intuitive DEX. The project combines traditional with decentralized finance, simplifying the migration of foreign currency to the chain with the help of crypto-backed decentralized stablecoins, which will be used for trading, profitability and payments.

Onomy Protocol news today, NOM crypto latest news of coin ticker

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Forex is responsible for $6.6 trillion in currencies changing hands daily. But how are exchange rates actually determined in TradFi & how will Onomy price stablecoin trading pairs? 

Let's explore!

https://twitter.com/OnomyProtocol/status/1476154894331654146

Forex is responsible for $6. 6 trillion in currencies changing hands daily.