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Spark, Uniswap, and Sky Launch $150M Liquidity Migration to Build Shared Stablecoin FX Layer - "The Defiant"
Spark, Uniswap, and Sky are launching a joint Stablecoin FX Layer, with a $150M USDS migration to Uniswap v4 as the first deployment of shared programmable liquidity infrastructure for multi-issuer stablecoins.
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theblock.co
Spark, Uniswap build stablecoin 'FX Layer' seeded with $150 million liquidity migration
Spark is establishing a "liquidity foundation" for the new pool by migrating $150 million from its USDS ecosystem to Uniswap v4.
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coindesk.com
Uniswap and Spark aims to build the FX market for stablecoins as banks, fintechs enter
The protocols are building shared liquidity and trading infrastructure for a future with hundreds of competing digital currencies on blockchain rails.
