{
  "version": 1,
  "event_id": "evt_76851234db0a7959",
  "url": "https://xiyu.news/events/evt_76851234db0a7959/",
  "json": "https://xiyu.news/api/events/evt_76851234db0a7959.json",
  "type": "product_release",
  "status": "monitoring",
  "category": "crypto",
  "title": {
    "zh": "Circle 推出 7×24 小时稳定币外汇引擎，意在切分 10 万亿美元外汇市场",
    "en": "Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market"
  },
  "current_state": {
    "zh": "Circle 在其已上线主网的 Arc 区块链上推出 StableFX，为通过审核的企业提供 7×24 小时稳定币外汇交易。参与方通过报价请求（RFQ）流程提交货币对、金额和结算时间窗口，经批准的流动性提供商竞争该订单，两种稳定币的结算腿以「付款对付款」（P2P）方式原子化同步结算。Circle 表示用户可选择近乎即时结算，或将交割推迟到约定的时间窗口，从而把机构外汇活动延伸到传统银行营业时间之外。\n\nCircle 首席执行官 Jeremy Allaire 将 StableFX 称为原子化结算、实时链上外汇的「一种强有力的新兴原语」。此次发布也让 Arc 在 9 月 16 日刚上线主网不到一周后，就获得了一个直接的机构级应用场景。\n\nCircle 的开发文档目前列出 USDC 和欧元计价的 EURC，并给出两者兑换的示例；公司表示将增加更多本地稳定币货币对，但未公布已可用于 StableFX 实时交易的完整货币对清单。该服务仅面向符合条件的注册企业——支付公司、金融机构和企业财资部门，而非散户交易者；Circle 也表示 StableFX 不会自动把本地货币稳定币兑换成收款方银行账户中的现金，Circle Mint 可在支持的市场为 USDC 和 EURC 提供流动性与法币兑换，但不适用于其他公司发行的代币。",
    "en": "Circle launched StableFX on its Arc blockchain, a 24/7 stablecoin foreign-exchange engine that lets vetted businesses request competing liquidity-provider quotes and settle both legs of a currency trade atomically, targeting the nearly $10 trillion-a-day FX market that still runs on banking-hour infrastructure."
  },
  "first_seen_at": "2026-09-23T23:02:36.433694+00:00",
  "last_updated_at": "2026-09-23T23:02:36.433694+00:00",
  "last_material_change_at": "2026-09-23T23:02:36.433694+00:00",
  "confidence": 0.75,
  "updates_count": 1,
  "sources_count": 1,
  "entities": [
    "circle"
  ],
  "identifiers": [],
  "topics": [
    "circle",
    "fx-settlement",
    "stablecoins",
    "stablefx"
  ],
  "updates": [
    {
      "update_id": "upd_2e7abe2c24ece9d6",
      "event_id": "evt_76851234db0a7959",
      "occurred_at": "2026-09-23T22:00:28Z",
      "published_at": "2026-09-23T22:00:28Z",
      "first_seen_at": "2026-09-23T23:02:36.433694Z",
      "time_precision": "published",
      "update_type": "initial",
      "material_change": true,
      "title_zh": "Circle 推出 7×24 小时稳定币外汇引擎，意在切分 10 万亿美元外汇市场",
      "title_en": "Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market",
      "what_changed_zh": "Circle 在其已上线主网的 Arc 区块链上推出 StableFX，为通过审核的企业提供 7×24 小时稳定币外汇交易。参与方通过报价请求（RFQ）流程提交货币对、金额和结算时间窗口，经批准的流动性提供商竞争该订单，两种稳定币的结算腿以「付款对付款」（P2P）方式原子化同步结算。Circle 表示用户可选择近乎即时结算，或将交割推迟到约定的时间窗口，从而把机构外汇活动延伸到传统银行营业时间之外。\n\nCircle 首席执行官 Jeremy Allaire 将 StableFX 称为原子化结算、实时链上外汇的「一种强有力的新兴原语」。此次发布也让 Arc 在 9 月 16 日刚上线主网不到一周后，就获得了一个直接的机构级应用场景。\n\nCircle 的开发文档目前列出 USDC 和欧元计价的 EURC，并给出两者兑换的示例；公司表示将增加更多本地稳定币货币对，但未公布已可用于 StableFX 实时交易的完整货币对清单。该服务仅面向符合条件的注册企业——支付公司、金融机构和企业财资部门，而非散户交易者；Circle 也表示 StableFX 不会自动把本地货币稳定币兑换成收款方银行账户中的现金，Circle Mint 可在支持的市场为 USDC 和 EURC 提供流动性与法币兑换，但不适用于其他公司发行的代币。",
      "what_changed_en": "Circle launched StableFX on its Arc blockchain, a 24/7 stablecoin foreign-exchange engine that lets vetted businesses request competing liquidity-provider quotes and settle both legs of a currency trade atomically, targeting the nearly $10 trillion-a-day FX market that still runs on banking-hour infrastructure.",
      "current_state_zh": "Circle 在其已上线主网的 Arc 区块链上推出 StableFX，为通过审核的企业提供 7×24 小时稳定币外汇交易。参与方通过报价请求（RFQ）流程提交货币对、金额和结算时间窗口，经批准的流动性提供商竞争该订单，两种稳定币的结算腿以「付款对付款」（P2P）方式原子化同步结算。Circle 表示用户可选择近乎即时结算，或将交割推迟到约定的时间窗口，从而把机构外汇活动延伸到传统银行营业时间之外。\n\nCircle 首席执行官 Jeremy Allaire 将 StableFX 称为原子化结算、实时链上外汇的「一种强有力的新兴原语」。此次发布也让 Arc 在 9 月 16 日刚上线主网不到一周后，就获得了一个直接的机构级应用场景。\n\nCircle 的开发文档目前列出 USDC 和欧元计价的 EURC，并给出两者兑换的示例；公司表示将增加更多本地稳定币货币对，但未公布已可用于 StableFX 实时交易的完整货币对清单。该服务仅面向符合条件的注册企业——支付公司、金融机构和企业财资部门，而非散户交易者；Circle 也表示 StableFX 不会自动把本地货币稳定币兑换成收款方银行账户中的现金，Circle Mint 可在支持的市场为 USDC 和 EURC 提供流动性与法币兑换，但不适用于其他公司发行的代币。",
      "current_state_en": "Circle launched StableFX on its Arc blockchain, a 24/7 stablecoin foreign-exchange engine that lets vetted businesses request competing liquidity-provider quotes and settle both legs of a currency trade atomically, targeting the nearly $10 trillion-a-day FX market that still runs on banking-hour infrastructure.",
      "detailed_summary_zh": "Circle launched StableFX on its Arc blockchain, a 24/7 stablecoin foreign-exchange engine that lets vetted businesses request competing liquidity-provider quotes and settle both legs of a currency trade atomically, targeting the nearly $10 trillion-a-day FX market that still runs on banking-hour infrastructure.",
      "detailed_summary_en": "Circle launched StableFX on its Arc blockchain, a 24/7 stablecoin foreign-exchange engine that lets vetted businesses request competing liquidity-provider quotes and settle both legs of a currency trade atomically, targeting the nearly $10 trillion-a-day FX market that still runs on banking-hour infrastructure.",
      "background_zh": "全球外汇市场每日成交近 10 万亿美元，Circle 表示，尽管支付、加密交易和数字商业日益全年无休运转，该市场很大一部分仍依赖围绕银行作息设计的基础设施。Arc 是 Circle 推出的兼容 EVM、以稳定币为原生的 Layer 1 区块链，于 9 月 16 日上线主网，据称测试网阶段已有 100 多家合作伙伴参与。StableFX 将链下执行与链上结算分离，交易对手先在 Arc 上向智能合约托管资金，随后两条结算腿要么同时转移，要么都不转移。",
      "background_en": "The global FX market moves nearly $10 trillion daily, and Circle said much of it still relies on infrastructure designed around banking schedules even as payments, crypto trading and digital commerce increasingly operate continuously. Arc is Circle's EVM-compatible, stablecoin-native Layer 1 blockchain, which reached mainnet on Sept. 16 and was reported to have drawn more than 100 partners during its testnet phase. StableFX separates off-chain execution from on-chain settlement, with counterparties funding a smart-contract escrow on Arc before both legs transfer together or neither does.",
      "community_discussion_zh": "",
      "community_discussion_en": "",
      "market_impact_zh": "传导路径在于稳定币的实用性与链上结算量：若机构外汇交易台将货币对交易转向 StableFX，作为结算资产的 USDC 和 EURC 需求以及 Arc 上的链上活动量都可能上升，同时提供机构稳定币外汇服务的竞争者，以及主导非营业时间外汇的传统银行结算通道，将面对一个新交易场所争夺这部分订单流。其采用程度取决于已上线货币对的覆盖范围、流动性提供商的参与，以及稳定币兑换本地法币的可靠通道。",
      "market_impact_en": "The transmission path runs through stablecoin utility and on-chain settlement volume: if institutional FX desks route currency pairs through StableFX, demand for USDC and EURC as settlement assets and activity on Arc would rise, while competitors offering institutional stablecoin FX and the banking rails that dominate after-hours FX face a new venue competing for that order flow. Adoption depends on live currency-pair coverage, liquidity-provider participation and reliable stablecoin-to-local-fiat ramps.",
      "importance_score": 7.5,
      "references": [
        {
          "url": "https://www.circle.com/stablefx",
          "title": "Circle StableFX | Stablecoin FX Engine | Circle"
        },
        {
          "url": "https://circle-167b8d39.mintlify.app/stablefx/concepts/technical-guide",
          "title": "StableFX Technical Guide - Circle Docs"
        },
        {
          "url": "https://web3.bitget.com/en/academy/what-is-arc-blockchain-mainnet",
          "title": "What Is Arc Blockchain? Circle Arc Mainnet Launch on September 16"
        }
      ],
      "confidence": 0.75,
      "story_ids": [
        "rss:cryptoslate.com_feed_:1845e6f41d30640c"
      ],
      "sources": [
        {
          "url": "https://cryptoslate.com/circle-launches-24-7-stablecoin-fx-engine-as-it-chases-a-slice-of-the-10-trillion-currency-market/",
          "label": "CryptoSlate",
          "source_type": "rss",
          "official": false
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    }
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}
