Announcing Circle StableFX and Circle Partner Stablecoins
FX is the world’s largest market, yet one of its least modernized.
Circle StableFX is an institutional-grade stablecoin FX engine that combines RFQ execution with onchain settlement.
→ Competitive RFQ pricing across liquidity providers
→ Instant, onchain settlement
→ 24/7 capital-efficient design
StableFX is currently live on @Arc Testnet. Request access to get started: https://t.co/Y5Ek7abWZo
Building on that, we’re introducing Circle Partner Stablecoins, a program that supports select regional issuers, expanding the range of stablecoin currencies available in StableFX.
Initial participants include:
🇦🇺 AUDF by @ForteAUD
🇧🇷 BRLA by @aveniaio
🇯🇵 JPYC by @jpy_coin
🇰🇷 KRW1 by @BDACSKorea
🇲🇽 MXNB by Juno (a @Bitso company)
🇵🇭 PHPC by @coinsph
🇨🇦 QCAD by @stablecorp
🇿🇦 ZARU by the @ZARUniversal
Together, StableFX, Circle Partner Stablecoins and Arc are designed to deliver seamless execution, a wide range of assets, and instant settlement, accelerating the shift to a globally connected financial system running on stablecoin rails.
Learn more: https://t.co/meH7DuKW7F
Read the litepaper: https://t.co/qkOXgRWKaT