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StableFX to Launch on Arc Mainnet, Covering Local Currency Stablecoins in Major and Emerging Markets

OdailyOdaily

Odaily News: Jeremy Allaire posted on X that StableFX is about to launch on the Arc mainnet. Previously, StableFX had already launched on the Arc public testnet. StableFX is an institutional-grade stablecoin foreign exchange engine that covers local currency stablecoins in major and emerging markets, supporting near-instant, 24/7 on-demand settlement. It adopts a PvP mechanism, where both sides either settle simultaneously or not at all, to reduce capital occupation, and allows access to multiple audited counterparties through a single onboarding process.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.