According to @ItsDave_ADA, SafeSwaps has officially launched its on-chain OTC platform on the Cardano mainnet, utilizing Plutus v3 smart contracts. This marks the first real-world application of Plutus v3, highlighting Cardano's expanding DeFi capabilities and enhancing its ecosystem's competitiveness against Ethereum and Solana. Traders should note that this development enables secure, direct peer-to-peer token swaps, potentially increasing Cardano's transaction volume and TVL, and attracting new liquidity providers to ADA-related DeFi protocols. Source: @ItsDave_ADA on Twitter, May 19, 2025.