MoneySwitch is a liquidity-as-a-service (LaaS) decentralized finance (DeFi) lending platform. MoneySwitch is designed to provide cross-border payment providers (CPP’s) access to uncollateralized liquidity. This liquidity is provided instantly, enabling CPP’s to use it to power the global cross- border payments industry, and allowing stablecoin lenders to earn by lending to CPP’s.
Using the power of uncollateralized DeFi lending, MoneySwitch enables access to real-time liquidity, unconstrained by different time zones, trading hours, holidays, weekends, and all “red” banking days. The liquidity can be used to meet immediate liquidity requirements and release capital to grow operations, within the framework of existing regulations and standards.
In effect, MoneySwitch uses uncollateralized DeFi lending to immediately serve, and break down barriers which restrict traditional finance, thereby fundamentally changing the nature of cross- border payments by moving it from a pre-funding model to a on-demand model.
For DeFi lenders, MoneySwitch opens new lending opportunities which thus far have exclusively been available to big banks and financial institutions. Lenders will be able to offer short-term uncollateralized loans which are safer, more efficient, and better suited to the needs of the cross- border payment industry. Their loaned assets will provide real-time liquidity, better enabling the multi-trillion-dollar cross-border payment industry and earning interest on it.
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