handle.fi is a global defi FX protocol enabling users to issue and trade multi-currency stablecoins. fxTokens are collateral-backed stablecoins that represent a selection of currencies and are designed to be softly pegged to them. users mint fxTokens by supplying approved collateral and creating stablecoins that are secured by that collateral.

Common handle.fi use cases are:

Settle trades in your local currency to eliminate foreign exchange exposureBorrow against your crypto holdings in your local currency, lowering conversion costs and foreign currency risksExchange between multiple multi currency stablecoins efficientlyReceive rewards for providing liquidity in trading and keeper pools denominated in your local currencyCapture arbitrage gains through 1:1 redemptionsAs L2 technology and leveraged products are introduced, speculate on foreign exchange price movements.

Key advantages of handle.fi fxTokens include:

Multi-collateral vaults: improved capital efficiency, reduced likelihood of liquidation, and the ability to utilize more of your assetsA 1:1 redemption option supports keeping fxTokens aligned with their pegProtocol-run fxKeeper pools enable effective liquidations to maintain system collateral levelsPartial vault liquidations help ensure users don’t lose more collateral than needed to keep their debt positionsA treasury managed by the protocol produces additional returns from your staked collateral.