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
Citrea Launches Foundation to Advance Bitcoin’s Programmable Future
Citrea has launched the Citrea Foundation to enhance Bitcoin's programmable ecosystem, focusing on open-source development, community involvement, and capital market functionality. The foundation aims to promote decentralization, fund research, and support developers while advancing Bitcoin's role in financial markets.
ICOHOIDER33m ago
XRP Ledger Powers $280 Million Diamond Tokenization in Major UAE Real-World Asset Deal
Ripple’s tokenization of 1 billion AED worth of diamonds, “isn’t just a win for the UAE, it’s a masterclass in how the XRP Ledger handles high-value RWA at scale,” says Reece Merrick.
The network is solving the trust gap by integrating Ripple Custody’s bank-grade vaulting with XRPL’s native f
CryptoNewsFlash53m ago
The alliance of 12 EU banks, Qivalis, plans to launch a euro stablecoin in the second half of this year.
Qivalis was established by 12 EU banks and plans to launch a euro-pegged stablecoin compliant with MiCA regulations in the second half of the year. It will support sufficient liquidity and 24-hour redemption, aiming to provide an alternative to USD stablecoins and a cross-border payment tool for the Eurozone.
GateNews1h ago
Polygon Announces Lisovo Hardfork on March 4 to Boost Performance and Wallet Compatibility
Polygon will activate the Lisovo hardfork on March 4 before block 83,756,500, with node operators asked to upgrade in advance.
The upgrade adds PIP-82 gas subsidies, CLZ support, passkey wallet improvements, flexible fees, and stronger transaction checks.
The Polygon Foundation has
CryptoNewsFlash1h ago
Vitalik Pushes Ethereum Redesign Past Layer 2 Focus
Vitalik Buterin proposes EIP-7864 to enhance Ethereum's scalability by replacing the hexary Merkle Patricia tree with a binary tree, reducing proof size and costs. He also suggests a shift towards a RISC-V-based execution engine to improve efficiency, though critics warn of increased complexity and potential vulnerabilities.
CryptoFrontNews1h ago
