Thursday Nov 13 2025 14:10
1 min
Circle, the issuer of USDC, is expanding into the foreign exchange (FX) market with the launch of StableFX, an institutional stablecoin platform built on the upcoming Arc1 blockchain. This move aims to modernize the traditional FX system and provide more efficient and transparent solutions.
StableFX is a stablecoin trading platform on the Arc1 blockchain, specifically designed for financial institutions. The platform offers 24/7 trading of stablecoin pairs, with instant settlement and reduced counterparty risk.
In addition to StableFX, Circle is introducing the Circle Partner Stablecoins program to support regulated regional stablecoins. This program aims to broaden the adoption of stablecoins and provide alternatives for users in different regions.
The foreign exchange market is one of the largest financial markets globally, with a daily trading volume of $9.6 trillion in April, a 28% increase from 2022. This volume surpasses the combined volume of all global stock markets.
Circle's entry into the FX market aims to achieve several objectives, including:
The StableFX platform requires institutions to complete Know-Your-Business (KYB) and Anti-Money Laundering (AML) procedures to ensure a compliant trading environment.
Circle StableFX has launched on the Arc Testnet, with the alpha version scheduled to roll out for approved developers and institutions alongside the Arc mainnet launch in 2026.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
Latest
View allThursday, 13 November 2025
3 min
Thursday, 13 November 2025
2 min
Thursday, 13 November 2025
1 min
EN
