EM trading &FX services.
Principal liquidity and macro trading in emerging-market currencies, rates and stablecoins. Priced and settled onchain, 24/7/365.
Liquidity provision.
eRT is a principal liquidity provider in emerging-market assets, pricing and settling EM risk continuously across onchain venues.
Venues
Deep liquidity across EM stablecoin and FX pools.
Continuous two-sided pricing on EM currencies and majors, sourced onchain.
AMMs
Deep liquidity across EM stablecoin and FX pools.
Continuous two-sided pricing on EM currencies and majors, sourced onchain.
RFQ
Firm principal prices for large orders.
Circle StableFXEM trades and cross-border payments settle as one block, with minimal market impact.
DEX order books
Continuous two-sided quoting on onchain order books.
Live depth and tight spreads in EM rates and FX, in all market conditions.
Stablecoin liquidity
Designated market making for stablecoin issuers.
Continuous two-sided liquidity in the issuer's token on each listed venue, with tight spreads and orderly markets.
Global macro.
Diversified emerging-market yield and actively managed macro strategies, onchain.
Diversified EM yield
A tokenized fund backed by a BlackRock EM bond ETF, with sovereign yield from more than 30 countries.
Benchmarked to
J.P. Morgan EMBI Global Diversified Core
eRT Alpha Strategies
Active macro asset management across onchain EM products.
Strategies
Carry · Rates & sovereign yield · FX relative value · Hedging overlay
Developer API.
Programmatic liquidity from the desk. Streaming EM pricing and execution over API, for treasuries, applications and agents.
Mint and redeem EM stablecoins against USDC on a signed quote.
USD/TRY49.9681Other products.
USDGet in touch.
Questions, partnerships and early access.