金色财经|Sep 22, 2026 23:06
[Circle's On-Chain Forex Engine StableFX Now Live on Arc Mainnet]
According to a report by Jinse Finance, on September 23, the official blog of the public blockchain Arc announced that Circle's on-chain forex engine, StableFX, is now live on the Arc mainnet. Arc is a public blockchain launched by Circle, designed for stablecoin and payment scenarios.
The global forex market sees a daily trading volume of nearly $10 trillion, most of which still relies on traditional trading hours. StableFX supports 24/7 settlement, offering near-instant or delayed settlement options. Both parties either receive funds simultaneously or neither does, reducing settlement risk. A single contract can facilitate transactions with multiple vetted counterparties, with pricing obtained through a unified RFQ model.
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