the global defi FX protocol is a decentralised multi currency stablecoin protocol.

the handle protocol allows users to create (borrow) multi-currency stablecoins; called fxTokens. fxTokens are collateral backed stablecoins representing, and soft pegged to, a range of currencies. users create fxTokens by depositing eligible collateral, as defined by the protocol governance process. initial rollout is targeted for fxTokens representing Australian Dollar (fxAUD), Japanese Yen (fxJPY), Korean Won (fxKRW), Chinese Renminbi (fxCNY), and Singapore Dollar (fxSGD).