How Do Cross-Currency Swaps in Traditional Finance Relate to Crypto Token Pairs?
A cross-currency swap is a contract where two parties agree to exchange interest payments and principal in different currencies. It manages foreign exchange risk.
A crypto token pair facilitates a direct, single exchange of two different crypto assets. While both involve exchanging two different assets, the swap is a derivative contract managing future cash flows, whereas the token pair is a mechanism for immediate, spot exchange.