[Circle Launches StableFX Institutional-Grade FX Engine and Partner Stablecoins Program to Expand Multi-Currency Stablecoin Ecosystem] Odaily Planet Daily News: Circle has announced the launch of two new products based on its Arc blockchain (mainnet planned for launch in 2026): Circle StableFX and Circle Partner Stablecoins. Circle StableFX: This is an institutional-grade, stablecoin-based foreign exchange (FX) engine, now available on the Arc public testnet. It allows institutions to execute trades via RFQ (Request for Quote) with competitive pricing, reduced counterparty risk, and on-chain settlement, enabling 24/7 trading of selected stablecoin currency pairs. Circle Partner Stablecoins: This program aims to support selected regional stablecoin issuers in deploying their non-USD stablecoins on Arc. The initial partners include Avenia (BRLA), Busan Digital Asset Custody Services (KRW1), Coins.ph (PHPC), among others, covering multiple currencies such as the Brazilian Real, South Korean Won, and Philippine Peso. Circle stated that StableFX, Partner Stablecoins, and Arc together form a unified stack that connects global currencies on-chain, aiming to upgrade FX settlement from T+1 to real-time settlement, driving more efficient global currency flows. (Circle Blog)