TLDRCircle has launched StableFX, an on-chain FX engine designed for institutional markets.The StableFX engine enables round-the-clock exchanges of stablecoin pairs in compliance with regulatory requirements.Circle’s StableFX uses a request-for-quote model, connecting multiple liquidity providers for competitive pricing.The system utilizes atomic settlement, reducing counterparty risk and ensuring simultaneous payment and delivery.Circle’s StableFX is live on Arc’s public testnet, with over 100 institutional participants.Circle has launched two major initiatives to expand its Arc blockchain. The company introduced StableFX, an on-chain FX engine aimed at institutional markets, and the Circle Partner Stablecoins program. These tools aim to modernize global foreign exchange markets with continuous settlement and programmable transactions. Circle’s new offerings are designed to enhance liquidity and reduce operational friction in FX flows.StableFX Reduces Counterparty Risk in FXStableFX operates within the Arc ecosystem as a trading and settlement platform. It enables stablecoin pair exchanges around the clock. The system is built under a regulatory compliance framework to ensure security and efficiency. Circle designed StableFX to use a request-for-quote model, connecting multiple liquidity providers for competitive pricing. This approach minimizes slippage, allowing for more accurate pricing and better execution.The engine utilizes atomic settlement, reducing counterparty risk. This ensures that payment and delivery happen simultaneously, which enhances trust and reliability. Circle claims this system eliminates the need for bilateral counterparty agreements. As a result, it accelerates access to global liquidity and simplifies foreign exchange transactions.StableFX is currently live on Arc’s public testnet, launched on October 28. Over one hundred institutions from banking, payments, and digital assets are already participating. Circle plans for the StableFX engine to play a key role in the mainnet launch expected in 2026. The company is confident that this new system will be central to the future of foreign exchange.Circle’s Partner Stablecoins ProgramCircle has also launched the Partner Stablecoins program, which integrates regional stablecoins into the Arc ecosystem. The program allows stablecoin issuers to deploy non-USD-pegged tokens. To participate, issuers must meet strict standards for reserves, transparency, and risk management.The first stablecoins to integrate with Arc are from Avenia, Forte, JYPC, Juno, Busan Digital Asset Custody Services, Stablecorp, Luno, and Coins.ph. These stablecoins represent currencies like BRL, AUD, JPY, MXN, KRW, CAD, ZAR, and PHP. The tokens will work alongside USDC, enabling seamless payments and FX transactions.Circle’s Partner Stablecoins program is designed to create a unified liquidity and infrastructure stack. It connects multiple regional currencies within the Arc ecosystem. By integrating these stablecoins, Circle aims to provide an efficient and global solution for payments, remittances, and foreign exchange.Together, StableFX and the Partner Stablecoins program create a comprehensive infrastructure for institutional foreign exchange. Circle believes these tools will modernize FX trading by eliminating the need for prefunded accounts and T+1 settlement cycles. Circle’s innovations are poised to transform the global foreign exchange market and create new opportunities for liquidity and efficiency.The post Circle Expands Arc Blockchain with StableFX and Regional Stablecoins appeared first on Blockonomi.