Foresight News reports that the decentralized perpetual contract trading protocol Hibachi plans to launch a stablecoin settlement forex trading platform on Arc. The platform will default to real-time settlement, featuring tight bid-ask spreads, deep liquidity, and matching speed and system availability to meet traders’ needs. Hibachi stated that it has received support from Arc Builders Fund, a subsidiary of Circle Ventures.
Foresight News previously reported that Hibachi completed a $5 million seed round in March last year, with participation from Dragonfly, Electric Capital, echo, and others.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether launches a new on-chain gold measurement unit, Scudo, which is equivalent to one-thousandth of an ounce.
Tether Gold introduces a new unit of measurement, Scudo, with 1 Scudo equal to 1/1000 XAUT, aiming to enhance the convenience of on-chain gold trading and provide users with a more practical way to make small transactions. This move will increase the daily usability of gold digital assets.
GateNewsBot1h ago
The UAE Central Bank approves the Dirham stablecoin DDSC! Middle East's first machine-to-machine payment goes live
The Central Bank of the United Arab Emirates has approved Abu Dhabi First Bank's UAE Dirham stablecoin DDSC, which is now live on the Layer 2 blockchain ADI Chain. DDSC will be used for payments and collections, settlement, fund operations, trade supply chain flows for institutional and government entities, as well as providing programmable financial services for regulated entities.
MarketWhisper1h ago
Going to fry some French fries? Cardano founder appears at the summit wearing a McDonald's uniform, teasing a new project launching in March
Cardano founder Charles Hoskinson wore a McDonald's uniform at the summit, humorously responding to the bearish sentiment in the crypto space. He announced a partnership with LayerZero to introduce the USDCx stablecoin and previewed that the privacy sidechain Midnight will go live by the end of March, focusing on the mainstream market rather than competing with privacy coins, and dedicated to providing more flexible privacy options.
CryptoCity1h ago
The era of Ethereum brushing Visa has arrived! EIL ends the nightmare of cross-chain authorization
The Ethereum Foundation account and the Chain Abstraction Team have launched the Ethereum Interoperability Layer (EIL), a multi-chain interoperability framework based on the ERC-4337 account abstraction standard. It addresses the three major pain points of cross-chain interactions: repeated authorization, Gas fee shortages, and long wait times. Using Merkle tree technology, it enables single-signature multi-chain execution. XLP cross-chain liquidity providers can stake 1 ETH and be subject to permissionless confiscation.
MarketWhisper1h ago
Extended announces the launch of US stock perpetual contract trading
Perp DEX Extended announces the launch of the first six stock perpetual contract trading pairs, including Google, Nvidia, AMD, Tesla, Strategy, and Amazon. The project aims to address the liquidity issues of stock perpetual contracts and plans to expand further.
GateNewsBot1h ago
Hyperliquid announces that the HIP-3 cross-margin feature has been enabled on the testnet.
Hyperliquid announces that its HIP-3 permissionless perpetual contract market's cross-margin feature has been enabled on the testnet but is not yet live on the mainnet. Users need to enable cross-margin for specific assets, allowing all contracts to share collateral assets, with protective measures in place to prevent liquidations caused by significant price fluctuations.
GateNewsBot1h ago
