As per Odaily, Circle has announced two new products based on its Arc blockchain—Circle StableFX and Circle Partner Stablecoins. Circle StableFX is an institutional-grade, stablecoin-based foreign exchange (FX) engine now available on the Arc public testnet, enabling 24/7 trading of selected stablecoin pairs with competitive pricing and reduced counterparty risk. Circle Partner Stablecoins supports regional stablecoin issuers to deploy non-USD stablecoins on Arc, with initial partners including Avenia (BRLA), Busan Digital Asset Custody Services (KRW1), and Coins.ph (PHPC). These initiatives aim to enable real-time FX settlement and enhance global monetary flows.
Circle Launches StableFX and Partner Stablecoins to Expand Multi-Currency Stablecoin Ecosystem
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