Emerging-Markets
Case Study: Multi-Product Exchange Tokenomics
Stage 1 framework for a multi-product crypto-fintech: sizing 13 product lines, three token concepts (Real Yield / Loyalty / B2B), and FDV ranges.
Cross-Currency Hedge of the Real: Yuan, Rand, Rupee, Ruble
A cross-currency hedge of the Brazilian real into the yuan, rand, rupee or ruble runs through the dollar: two legs, two spreads, a price set by the rate gap. On B3 data the yuan costs 10% a year, the rand 4%, the ruble pays—and hedged yuan funding is not cheaper.