Gnosis Chain Positions Itself as Universal Hub for Local Currency Stablecoins

馃實 Beyond USD stablecoins

By Gnosis Chain
Oct 16, 2025, 4:00 PM
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Gnosis Chain is positioning itself as the primary blockchain for local currency stablecoins beyond USD-denominated tokens.​

The platform aims to become the settlement layer where all foreign exchange transactions occur.​ Key services include:

  • Liquidity provision for various local currency pairs
  • Use case development to expand stablecoin utility
  • Distribution support for broader adoption

Gnosis emphasizes that monetary systems extend beyond the US dollar, targeting a more diverse stablecoin ecosystem.​ The initiative appears focused on creating infrastructure for regional currencies rather than competing solely in the USD stablecoin market.​

The team is actively seeking partnerships and collaborations to build this multi-currency stablecoin infrastructure.​

Sources

We're on it. Gnosis Chain will be the stablecoin chain for all local currencies, where all fx settles. We provide liquidity, enable use cases, and help with distribution. DM us 馃摠

DeFi Dave
DeFi Dave
@DeFiDave22

I think one of the biggest opportunities to exist right now is foreign backed stablecoins and fx onchain. The rails are coming into place, very soon it will only be the execution that鈥檚 needed.

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