Why currency count, on its own, is the wrong metric
In this industry, the number of currencies a platform lists is almost meaningless. Anyone can quote a currency. What matters is whether you can settle in it, at scale, at a spread that is competitive with real bank alternatives.
Our work over the last quarter has been on the second part: moving currencies from "listed" to "liquid at institutional size, with executed spreads we can publish."
What actually improved
- Deeper liquidity in priority corridors. LatAm to US, LatAm to Asia, and US to Asia corridors now route through at least three independent liquidity sources per major pair: banks, institutional market makers, and on-chain pools.
- Smart routing in production. The orchestration layer now decides, per transaction, where the best execution sits based on size, tenor, and time of day. No client action required.
- Firm pricing at quote. For corridors where we have live depth, the quote you see is the price you get. No slippage on fill.
- 24/7 operation. All supported corridors settle around the clock, including weekends and local holidays.
The corridors we focus on
We do not treat every currency equally. Our resource allocation follows client demand, which is concentrated in three corridors:
| Corridor | Representative pairs | Primary flows |
|---|---|---|
| LatAm to US | BRL/USD, MXN/USD, ARS/USD, COP/USD, CLP/USD | Import payments, payroll, treasury |
| LatAm to Asia | BRL/USDT, MXN/USDT, BRL/HKD | Commodity trade, e-commerce, manufacturing |
| US to Asia | USD/HKD, USD/SGD, USD/IDR, USD/PHP | Supplier payments, digital services, remittance-grade flows |
If you want to benchmark Bloquo for your corridor, ask for our historical executed spreads at your typical transaction size, across both peak and off-hours. We will send the data. Real corridor performance is the only honest way to evaluate FX infrastructure.
What is next on the currency roadmap
Over the next two quarters we are adding depth (not breadth) in three places: Southeast Asian currencies for digital-services and manufacturing corridors, West African currencies for trade flows to Europe and the Gulf, and second-tier LatAm currencies where existing providers charge 300 to 600 basis points for flows that have no business trading that wide.