TREE NEWS update: Jeremy Allaire announced that StableFX, an institutional-grade stablecoin FX engine, is set to launch on the Arc mainnet, having already been deployed on the Arc public testnet. It supports near-instant, 24/7 settlement for local currency stablecoins across major and emerging markets, using a PvP mechanism to reduce capital lock-up and enabling access to multiple vetted counterparties with a single onboarding.
StableFX to Launch on Arc Mainnet for Local Currency Stablecoins
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