Citing Ecoinimist, Circle has unveiled StableFX, an institutional-grade onchain foreign exchange platform built on its upcoming Arc1 blockchain. The platform aims to modernize FX trading by enabling 24/7 settlement using stablecoin-based currency pairs. The FX market, the world’s largest with $9.6 trillion in daily trading volume, is seen as a major growth opportunity for Circle, which also introduced the Circle Partner Stablecoins program to support regional stablecoins issued by trusted partners. The platform is currently live on the Arc Testnet, with an alpha release planned for 2026.
Circle Launches Onchain StableFX Platform to Target $9.6T FX Market
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