Circle Expands Arc Blockchain with StableFX and Regional Stablecoins

TLDR Circle has launched StableFX, an on-chain FX engine designed for institutional markets. The StableFX engine enables round-the-clock exchanges of stablecoin pairs in compliance with regulatory requirements. Circle’s StableFX uses a request-for-quote model, connecting multiple liquidity providers for competitive pricing. The system utilizes atomic settlement, reducing counterparty risk and ensuring simultaneous payment and delivery. Circle’s [...]

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