StableFX
StableFX


INTERAGImos COM STABLECOINs de uma série de moedas
POR QUE USAR O STABLEFX DA CIRCLE?
Acesse os benefícios do câmbio on-chain com o mecanismo de nível institucional da Circle
Reimagine global institutional workflows
Offer your customers multi-currency stablecoin accounts, converting between USDC and vetted local stablecoins as needs arise. Expand into new markets and corridors without a separate banking or FX relationship in each market.
Ideal for: stablecoin neobanks and fintechs offering multi-currency stablecoin accounts or cards
Manage payments in multiple markets with less idle capital. Convert from USDC just-in-time to top up a short balance before it becomes a delayed payout.
Ideal for: remittance companies, payment service providers, and payroll providers operating across multiple currencies.
Shrink the idle cash and open FX positions sitting across your markets. Convert supported local stablecoins into USDC as they accumulate, and back out of USDC just-in-time as local funding needs arise, on your schedule.
Ideal for: Enterprises and multinationals managing working capital across multiple currencies.
COMO FUNCIONA
Câmbio para a
era on-chain
O StableFX da Circle simplifica as operações de câmbio ao oferecer
uma liquidação instantânea, transparente e de baixo custo entre as diferentes moedas.
Solicite uma cotação
Envie uma RFQ para o câmbio de um par de stablecoins.
Veja os preços da concorrência
Receba cotações de diversos provedores de liquidez.
Execute
Selecione e confirme a cotação de sua preferência, com a execução registrada on-chain de forma imutável.
Liquide on-chain
Deposite os recursos para custear sua obrigação e a liquidação ocorrerá automaticamente on-chain assim que sua contraparte fizer o mesmo.2 happens automatically onchain once your counterparty does the same.






FAQs
StableFX offers a unique combination of 24/7, payment-versus-payment settlement between vetted counterparties—meaning businesses don’t need to make compromises on either speed or security.
- Reduced principal risk: Payment-versus-Payment settlement means both sides of a trade settle or neither does.
- Vetted participants: All counterparties on StableFX undergo compliance screening by Circle.
- All-to-all trading: A single contract replaces bilateral trading relationships, accelerating access to liquidity.
- 24/7 flexible settlement: Compared to traditional FX desks, StableFX is 24/7/365—no banking hour, weekend, or holiday cutoffs.
Participants can access USDC liquidity through Circle, and swap between USDC and supported local currency stablecoins through StableFX.
To access fiat onramps and offramps for local currency stablecoins, participants must contract directly with the issuers.
Additionally, StableFX participants will need to bring their own custody solution to hold the local currency stablecoins. (USDC and EURC custody is available through Circle.)
StableFX runs on Arc, which is designed to have privacy features to help keep sensitive activity confidential, including trade details, counterparties, and settlement information. Privacy features are expected to go live after Arc Mainnet.





