Circle Partners with edgeX to Expand FX Trading Market on Arc Chain

Circle and the decentralized perpetual contract trading platform edgeX have announced that edgeX will be the flagship perp on the launch day of the Arc mainnet, providing 24/7 forex trading. On the day of the mainnet launch, edgeX will introduce a USD/JPY perpetual contract that supports 24/7 trading, along with over 150 perpetual contract markets covering U.S. stocks, commodities, and crypto assets, all using Arc's native USDC as margin and settlement asset. Arc is a Layer 1 blockchain developed by Circle for stablecoin finance, featuring an embedded FX engine, institutional-grade RFQ pricing system, and 24/7 on-chain PvP settlement. edgeX, backed by Circle Ventures, has become a leading centralized perpetual contract exchange globally, with a trading volume exceeding 900 billion. This collaboration aims to combine Circle's capabilities in stablecoin financial infrastructure with edgeX's experience in on-chain trading to further expand global asset trading scenarios. In the future, both parties plan to gradually increase more mainstream forex trading pairs based on market demand and explore non-USD stablecoin margin and on-chain FX spot markets.

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