PENDULUM

Pendulum is a decentralized Forex platform that is built on top of Polkadot. It was the fastest-ever parachain to win a slop and now, there has been a bridge and part of Pendulum was to create this bridge which would bridge all the stablecoins from the Staller network over to Pendulum which would inherently unlock these stablecoins for the wider Polkadot ecosystem. There are opportunities everywhere in this market and it is up to you to try and find them. I think is going to be a lot of value flowing into the Polkadot space. If you look at DeFi for example, and you look at typical choices for what you can farm Defi with, it is usually US dollars. But Stellar has an array of Euro, US Dollar, Japanese Yen, Nigeria Naira, and Pounds.

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You can see a whole list of currencies on the Stellar platform that you can kind of run on Stellar and now are going to be onboarded to the Polkadot ecosystem. A lot of people don't know how to move money from the bank account into Defi but Stellar has figured out a way to do this. This is a liquidity channel that is now been opened up that, I think in time is going to be proven to be a special one. I personally right now believe that there is more innovation taking place in the Polkadot ecosystem. We constantly see Polkadot right up there on GitHub ranking in terms of devlogs. Pendulum goal is to combine traditional finance with Defi and their focus is on stablecoins of Fiatbanked tokens.

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This is huge because it is the largest Fiat-backed stablecoin Stellar combining Polkadot through spacewalker Bridge which Pendulum has released on Kusama in a couple of week time on Polkadot. There is so many exciting things happening with the crypto space, not just the price point of view but from fundamental point of view. USDC will be the main stablecoin flowing across the spacewalker bridge. It is also a token Stellar integrated with MoneyGram, that's the first beginning rolling out last year. You now have the link between Stellar and Pendulum and thus the wider ecosystem of Polkadot and Kusama.

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