Codex

Legacy FX providers belong in the 80s. Codex FX is built to replace them. Book a demo and start moving money the right way. codex.xyz

Wholesale FX, 24/7 availability, and stablecoin-powered settlement. Move seamlessly between fiat and stablecoins across emerging and frontier markets. Codex FX. codex.xyz

Most legacy providers stop at G7 currencies. We're on a mission to support the world’s hardest-to-reach currencies. Here are the currencies we settle today, and what's coming next. Book a demo with Codex FX and move money the way it should move. codex.xyz

Codex FX in 17 seconds. Pick your currencies. Get a real-time quote. Settle in minutes. See it in action. Book a demo today. codex.xyz

Today we're launching CodexFX — wholesale FX infrastructure built on stablecoin rails, for businesses and fintechs moving money around the world. www.codex.xyz Here's why we built it. The Bretton Woods system collapsed in 1971. What followed was improvised. SWIFT launched in 1973. The patchwork of correspondent banking became the architecture of global FX by default, not by design. Fifty years later, that patch is still running. The FX market trades $7.5 trillion per day. It settles in two. Not because the technology requires it, but because the correspondent chain — with its bilateral credit lines, nostro/vostro pre-funding, and sequential message passing — cannot compress without breaking. Banks collectively hold hundreds of billions in pre-funded nostro accounts worldwide. Capital parked across jurisdictions, earning nothing, existing solely to bridge the gap between when a trade is agreed and when money actually moves. It is the most normalized inefficiency in modern finance. Stablecoins are the first monetary instrument in 50 years that makes this architecture optional. Atomic settlement. No correspondent in the middle. No pre-funding requirement. The two-day gap closes to minutes. Every major transition in payments infrastructure followed the same pattern: the analog system held until the cost differential became impossible to justify. We're at that threshold in FX. And the corridors feeling it hardest aren't in New York or London. They're in Lagos, Jakarta, Buenos Aires, Karachi. That's where we built. Wholesale rates. Sub-30-minute settlement. Developed, emerging, and frontier market coverage. 24/7/365. Any asset, any direction. CodexFX is live today. www.codex.xyz

Introducing Codex FX. The new standard for moving between fiat and stablecoins. Anything to anything. 🪙 Book demo: codex.xyz 📣 Full announcement: https://lnkd.in/eUV9UfZk

Why do emerging markets need stablecoins more than anyone? • Currency depreciation erodes savings • Remittances cost 6.5% on average • International transfers take 1-5 days • No access on weekends or holidays Stablecoins help address all four.