Decentralized perpetual futures exchange (Perp DEX) EdgeX (EDGE) announced that it has been selected as the representative FX perpetual futures exchange for the Arc ecosystem, Circle (CRCL)'s USDC-optimized Layer 1 blockchain. Accordingly, EdgeX will support 24/7 FX perpetual futures trading starting with USD-JPY from the first day of the Arc mainnet launch on September 16 (local time), and plans to offer over 150 perpetual futures markets, including US stocks, commodities, and cryptocurrencies. In the future, it plans to sequentially add major FX currency pairs and introduce perpetual futures and FX spot markets utilizing non-USD fiat-backed stablecoins as collateral. Previously, Circle Ventures made a strategic investment in the EdgeX team last February.
