kaal:claim:4033886-030

Market liquidity in digital assets is not only about exchanging crypto for fiat: allowing crypto to be used as a means of transacting for any good or service may itself increase market liquidity.

Source quote, verbatim
Increasing liquidity does not mean only being able to exchange crypto for fiat currency, but also the ability to exchange for any good or service. By allowing for transactions to use crypto as a means of transaction may increase market liquidity.
From

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022), IV.1 Market Pricing, p. 30
https://ssrn.com/abstract=4033886 · source PDF

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Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

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