Investment, and not payment, is the most popular use case of crypto assets across the world. But, over the last decade, crypto has become much bigger than the asset class itself. It is the new internet. Sample this: You go to any stock exchange today to buy 100 stocks.
But nobody is selling. So, stock exchanges create market-making schemes to enhance the liquidity of a particular stock. People and companies drive this process through high-frequency trading. While a market maker can dictate the price, an automated market maker— powered by blockchain technology — are algorithms …