Deep Tide TechFlow news, June 25, according to The Block, Spark has partnered with Uniswap to launch a stablecoin exchange system called "FX Layer", aimed at providing shared liquidity and exchange infrastructure for stablecoin issuers such as banks, fintech companies, and payment institutions, improving exchange efficiency and reducing slippage between different USD stablecoins.



As part of the initial liquidity deployment, Spark will migrate $150 million from its USDS ecosystem to Uniswap v4 to support exchange pools for USDS, USDT, and PYUSD. The project attempts to solve the liquidity fragmentation and exchange efficiency issues faced by institutions in the context of multiple stablecoins developing in parallel.
SPK6.20%
UNI-0.83%
PYUSD0.08%
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