By Isaac • September 23, 2026 7:10 pm •
Circle has switched on a foreign-exchange venue that does not close with the banks.
StableFX is now live on Arc, Circle’s newly launched blockchain, giving eligible businesses a way to request competing quotes, execute a stablecoin currency trade and settle both legs onchain at any hour.
That matters because the underlying market is enormous. CryptoSlate reports that global foreign exchange moves nearly $10 trillion a day, even though much of its settlement infrastructure still follows bank schedules.
StableFX is Circle’s bid to bring part of that market onto programmable, always-on rails.
The report says access is restricted to screened incorporated businesses rather than retail traders. Users can request near-instant settlement or choose a deferred window that
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