Cables Finance has launched on the Stellar network as a semi-decentralized FX trading platform featuring a central limit order book, slippage-free trading, and OTC capabilities. The launch represents a collaboration between Cables Finance and the Stellar Development Foundation to democratize access to cross-border payments and FX trading globally.
Cables Finance, a semi-decentralized exchange, has launched on the Stellar blockchain with a mission to revolutionize FX trading and cross-border payments. The platform combines self-custody autonomy with centralized liquidity, offering features like a central limit order book (CLOB), slippage-free trading, and OTC capabilities designed to serve economies with volatile currencies. The Stellar Development Foundation supports this initiative as part of its broader commitment to financial inclusion and accessibility. Cables plans to leverage Soroban smart contracts for future enhancements and aims to integrate aligned financial services. The Stellar Community Fund has already supported over 180 projects with more than $15 million from its $100 million adoption fund, demonstrating the ecosystem's commitment to fostering innovation.
