Hyperliquid for Emerging Market Central Banks: Why Digital Asset Reserves Use DEX Liquidity Instead of OTC
A central bank in Southeast Asia holds USDC reserves equivalent to 2 percent of its foreign exchange portfolio, accumulated as a hedge against currency volatility and as part of a long-term digital asset strategy. Moving that position through traditional OTC (over-the-counter) desks requires banking relationships, documentation, price discovery through voice calls, and counterparty exposure that […]