DeFi· ★★★★· bullish·

Circle launches StableFX on Arc mainnet for 24/7 onchain FX

  • —StableFX went live on Arc on September 22, six days after Arc's mainnet launch on September 16
  • —The platform supports 20+ fully reserved stablecoins with atomic payment-versus-payment settlement
  • —Arc uses USDC for transaction fees and offers deterministic sub-second finality
  • —Circle minted 10 billion ARC tokens at mainnet genesis, with no confirmed public token launch
Why it matters: StableFX brings USDC into the $10 trillion daily FX market, cutting settlement risk and reliance on intermediary banks.
#USDC#ARC
Source: Crypto Briefing
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