Erik Voorhees Shares Big Take on Crypto Role to Kill Fx Greed
ShapeShift CEO Erik Voorhees took to X this weekend to share his opinion on how cryptocurrency and the Decentralized Finance (DeFi) ecosystem could mark the end of foreign exchange greed. His post was in response to an experience that Hayden Adams had at an airport in Europe.
The entire conversation began with Uniswap Founder Hayden Adams sharing that he had recently visited an airport in Europe.
While he was there, he discovered that “spreads on euro/usd were 20%.” In his opinion, EUR/USD is the most liquid forex pair found anywhere around the globe. However, Adams suggested that the transaction fees were quite high.
Based on what he tagged “the absolute greed of tradfi,” which is unmatched, the crypto boss noted…
