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Spark announced a partnership with Uniswap to build a stablecoin swap system called "FX Layer," aimed at addressing low-slippage exchange needs among stablecoins through a shared liquidity pool. Spark acts as the coordination layer in the system, responsible for liquidity allocation and governance, while 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)