StableFX uses the Talos platform
as a vendor for routing quote requests and trade orders to market makers.
StableFX maintains a configurable list of market makers for each stablecoin
pair.The following is an example of a Talos quote request for the EURC/USDC trading
pair to Keyrock and Cumberland:
If you are a market maker integrated with Talos, StableFX can support routing
taker RFQs for the
stablecoin pairs you wish to support.Talos will return a list of market quotes and StableFX will then select the best
quote to return to the taker. The taker uses the quote ID (Talos RFQ ID) to
create a trade by calling the StableFX
Create trade API.StableFX calls Talos’s orders API to create the order between StableFX and the
maker. Upon successful confirmation, StableFX will proceed to recording the
trade on the smart contract.