PANews reported on November 13th that Circle announced the launch of its StableFX on-chain forex engine and multi-currency stablecoin partnership program on its Arc blockchain. This service allows compliant institutions to conduct multi-currency transactions and atomic settlements using stablecoins 24/7, simplifying counterparty and clearing processes in the traditional forex market. The initial partners include regional stablecoin issuers from Brazil, Australia, Japan, South Korea, and other regions. The Arc mainnet is expected to launch in 2026.