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Decentralized perpetual futures exchange EDGE said it has been selected as the flagship FX perpetual futures exchange in the ecosystem of Arc, Circle’s CRCL USDC-optimized layer-one blockchain.
Starting on Sept. 16, the local-time launch date of the Arc mainnet, EDGE plans to offer 24/7 FX perpetual futures trading beginning with USD/JPY, along with more than 150 perpetual futures products tied to U.S. stocks, commodities and cryptocurrencies. The exchange also plans to add major FX pairs in stages and introduce perpetual futures and FX spot markets using non-dollar fiat-backed stablecoins as collateral. Earlier, Circle Ventures made a strategic investment in the EDGE team in February.