Spark has moved 150 million USDS liquidity into Uniswap v4 this time. The design of FX Layer, this coordination layer, is quite interesting—finally, someone is taking the stablecoin swap slippage issue seriously.

SPK-1.40%
USDS-0.01%
UNI1.84%
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WuSaidBlockchainW
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)
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