What is Kyber Network? (in 60 seconds)

Kyber Network is a blockchain protocol that allows for instant exchange of cryptocurrency assets. Kyber allows companies to build financial applications that easily convert payments between different cryptocurrencies.

Hypothetically, Kyber Network could be integrated into a site like amazon and take any crypto payments and convert them into stablecoins (coins pegged to $1). This appeals to companies since they will be able to take crypto payments without having to deal with volatility “Seamless Token Swaps, Anywhere” as Kyber states.