Alex Lipton and Artur Sepp present a Mutual Settlement Market Making Mechanism (AMM) for digital assets on interoperable blockchains, with a focus on central bank digital currencies (CBDCs) and stablecoins. They are developing an innovative approach to generate fair exchange rates for on-chain assets in line with traditional off-chain markets. It demonstrates the effectiveness of their approach to the realized exchange rates of G10 foreign currencies
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