Jeremy Allaire: StableFX is about to launch on the Arc mainnet
chaincatcherJeremy Allaire posted on the X platform that StableFX will soon launch on the Arc mainnet. Previously, StableFX had launched on the Arc public testnet.StableFX is an institutional-grade stablecoin forex engine that covers local currency stablecoins in major and emerging markets, supporting near-instant, 24/7 on-demand settlement, using a PvP mechanism, which means funds are either credited to both parties simultaneously or not at all, to reduce capital occupation, and it can connect multiple vetted counterparties through a single access point.
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