What the platform orchestrates
FIFO is a single infrastructure layer for corridor programs: executable RFQ pricing, inventory-aware routing, independent fiat and digital-asset settlement, and ledger reconciliation. It is designed for institutions — not as a public order book or retail exchange homepage.
RFQ-based execution
Request executable pricing from connected liquidity. Quotes bind rate, fees, LP routing, and TTL on the server clock — not indicative ticker screens.
Partners and approved desk users lock a quote before any fiat or crypto leg moves. Expired prints cannot be paid against.
Smart liquidity routing
Route each transaction by pricing, inventory, corridor rules, and settlement capability across the FIFO liquidity network.
The router scores LP desks on available inventory, corridor fit, and program policy. No public order book — assignment is infrastructure-side.
Multi-rail settlement
Coordinate fiat and digital-asset legs independently. Reserved balances, reconciliation, and ops review where policy requires.
UPI, Pix, card, and bank rails run on the fiat leg. Stablecoin movement runs on a separate crypto rail. Completion requires both legs to reconcile.
Unified ledger
Track available, reserved, in-flight, and settled balances across corridors. One book for routing, settlement, and reporting.
LP inventory, customer wallet, and network positions resolve from the same ledger model — the source of truth for routing and audit.