[StableFX to Launch on Arc Mainnet, Covering Local Currency Stablecoins in Major and Emerging Markets] Odaily Planet Daily News: Jeremy Allaire posted on the X platform that StableFX is about to launch on the Arc mainnet. Previously, StableFX had already gone live on the Arc public testnet. StableFX is an institutional-grade stablecoin forex engine that covers local currency stablecoins in major and emerging markets. It supports near-instant, 24/7 on-demand settlement and adopts a PvP mechanism, meaning bilateral simultaneous settlement or no settlement at all, to reduce capital usage. It also allows integration with multiple vetted counterparties through a single access point.