星球日报|Sep 03, 2026 02:32
[Circle and edgeX Deepen Cooperation to Expand FX and Global Asset Trading Market on Arc Chain]
Odaily Planet Daily News, September 3: Circle and the decentralized perpetual contract trading platform edgeX jointly announced that on September 16, coinciding with the launch of the Arc mainnet, edgeX will become the flagship perp on Arc. It will provide 24/7 FX trading on the first day of the mainnet launch, and both parties will work together to promote the development of the FX and global asset trading market on the Arc chain.
On the first day of the mainnet launch, edgeX will take the lead in offering 24/7 trading support for the USD/JPY perpetual contract and will launch over 150 perpetual contract markets covering U.S. stocks, commodities, and crypto assets. All markets will use Arc's native USDC as margin and settlement assets.
Arc is a Layer 1 blockchain built by Circle for stablecoin finance, specifically designed for stablecoin financial applications. It features a built-in FX engine (StableFX), an institutional-grade RFQ (Request for Quote) system, and 24/7 on-chain PvP (peer-to-peer) settlement, with USDC as the native gas.
edgeX, backed by Circle Ventures, will exclusively launch the FX perp market for Arc Chain. edgeX is one of the world's leading centralized perpetual contract trading platforms, with a cumulative trading volume exceeding $900 billion since its launch. It allows users to trade perpetual contracts for U.S. stocks, commodities, forex, and crypto assets 24/7.
Previously, Circle and the edgeX team collaborated on the issuance of native USDC on EDGE Chain and its integration with CCTP.
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