Sera
Sera is an on-chain foreign exchange settlement protocol for stablecoins that routes the trading spread to its liquidity community rather than to intermediaries.
Sera provides a non-custodial stablecoin swap platform supporting 120+ currency pairs, where users exchange stablecoins such as USDC, XSGD, EURC, and others at rates the platform describes as near the interbank rate. The spread from each swap goes to liquidity providers, evangelists, and builders in the Sera community rather than to a centralized middleman. Sera also offers open-source payment rails, an MCP for AI agent settlement, and agent templates on GitHub, and has a stablecoin card in a waitlist phase.
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- seen Sep 24 — Offers 10% avg LP APY to liquidity providers · Sera site