handle.fi is the global defi FX protocol that allows users to create and exchange multi-currency stablecoins. fxTokens are collateral backed stablecoins representing, and soft pegged to, a range of currencies. users create fxTokens by depositing eligible collateral and minting stablecoins secured by this collateral.

Use cases of handle.fi include:

Settle trades in your local currency, removing foreign currency risksBorrow against your crypto assets in your local currency, reducing conversion fees and foreign currency risksConvert between multi currency stablecoins efficientlyEarn rewards for liquidity provision in trading and keeper pools in your local currencyEarn arbitrage profit from 1:1 redemptionsWith the introduction of L2 technology and leveraged products, speculate on foreign exchange movements.

Key benefits of handle.fi fxTokens include:

Multi-collateral vaults: capital efficiency, decreased liquidation probabilities, make use of more of your assets1:1 redemption facility helps ensure fxTokens maintain their peg valueProtocol fxKeeper pools ensure efficient liquidations to maintain system collateralizationPartial vault liquidations ensure users don't forfeit more collateral than is required to maintain their debt positionsProtocol-controlled treasury generates additional returns on your staked collateral.