Spark announced a partnership with Uniswap to build a stablecoin exchange system called "FX Layer," designed to address low-slippage swapping needs between stablecoins through a shared liquidity pool. Spark acts as the coordination layer in this system, responsible for liquidity allocation and governance; Uniswap v4 provides a programmable AMM architecture. As initial funding, Spark will migrate $150 million in liquidity from its USDS ecosystem to Uniswap v4. (TheBlock)

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