Circle has introduced two new products, Circle StableFX and Circle Partner Stablecoins, on its Arc blockchain. Circle StableFX is an institutional-grade FX engine that facilitates 24/7 trading of stablecoin pairs, offering competitive pricing and reduced counterparty risk. It is now available on the Arc public testnet. Meanwhile, Circle Partner Stablecoins allows regional issuers to deploy non-USD stablecoins on Arc, with initial partners including Avenia, Busan Digital Asset Custody Services, and Coins.ph. These initiatives aim to enhance real-time FX settlement and global monetary flows.
Circle Unveils StableFX and Partner Stablecoins on Arc Blockchain
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
