TP ICAP’s Fusion Digital Assets to Launch Stablecoin Pairs by Mid-2026 Amid Surging Institutional Demand

TP ICAP Group's institutional crypto platform, Fusion Digital Assets, is preparing to introduce stablecoin trading pairs in the first half of 2026. The move underscores growing institutional confidence in stablecoins as vehicles for cross-border finance and liquidity management.

Fusion's trading volume exceeded $1 billion in September—a fivefold increase year-over-year—though it remains dwarfed by retail-centric exchanges like Binance. Simon Forster, TP ICAP's global co-head of digital assets, confirmed the timeline, noting stablecoins' accelerating adoption for international settlements.

"We're witnessing the early stages of an on-chain FX market," said Duncan Trenholme, co-head of digital assets at TP ICAP. "As institutions migrate from traditional fiat rails to stablecoins, this parallel system will redefine how value moves globally."