Polygon launches stablecoin-based euro-dollar exchange pool

Polygon has launched a stablecoin-based euro-dollar exchange pool that is not tied to traditional bank foreign-exchange market hours. Monerium, Frax and Capa launched the EURe/frxUSD trading pair on Uniswap V3, enabling direct swaps between regulated euro liquidity and dollar-denominated stablecoin liquidity in Polygon-based applications.