Circle's Arc takes aim at the $10 trillion-a-day FX market

Circle's Arc new StableFX service lets businesses settle both sides of a currency trade together, reducing settlement risk.

• Circle has launched StableFX on its Arc blockchain, enabling 24/7 stablecoin FX trading for vetted businesses.
• The service aims to reduce settlement risk in the $10 trillion daily FX market by offering atomic settlement and operating outside traditional banking hours.
• Adoption will depend on expanding currency pairs, attracting institutional volume, and ensuring reliable routes from stablecoins to local fiat.

Topics: Asset types, Integration with defi, Payment system integration, Stablecoins digital cash, Cross border settlement, Fx stablecoin swaps

Tags: #circle #stablefx #arc #fxmarket #stablecoin #settlementrisk #atomicsettlement #usdc #eurc #institutional

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