Hibachi Plans to Launch Stablecoin Forex Trading Platform on Arc
Hibachi, a decentralized perpetual contract trading protocol, is set to introduce a stablecoin-settled forex trading platform on Arc. According to Foresight News, the platform will feature instant settlement as the default mode, offering tight bid-ask spreads, deep liquidity, and matching speed and system availability to meet traders' needs. Hibachi has secured backing from Circle Ventures' Arc Builders Fund. Previously, Hibachi completed a $5 million seed funding round in March last year, with participation from Dragonfly, Electric Capital, and echo.
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