MonitoringCryptoProduct releaseFirst tracked 2026-09-23Last changed 2026-09-23
Current outcome
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.
Progress timeline
1 material updates- #01
Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market
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.
Source evidence: CryptoSlate