This blog explains how to leverage the Blend lending protocol within the Stellar Blockchain to move funds securely between exchanges without currency fluctuation. By using a permissionless protocol like Blend, users can borrow XLM against collateral, avoiding direct exposure to volatile exchange rates. The process involves calculating the needed XLM, depositing collateral, executing the exchange of funds, and eventually repaying the loan while withdrawing collateral. Such a strategy is particularly advantageous for substantial transactions, where even a slight currency market volatility could lead to significant financial losses. The Stellar Blockchain provides tools such as Blend to facilitate these operations, offering broader applications to various financial scenarios.
