Forex

Circle’s Bold Bet: Transform Global Money or Lose It All

Circle unveiled StableFX, a service offering 24/7 on-chain currency conversion using stablecoins aimed at the $10 trillion-a-day forex market. The launch positions Circle to capture continuous FX settlement flows while testing adoption and regulatory limits.

Published at 2026-01-27 11:00:28
Dollar Weakens Amid Fed Rate Cut Bets as Bitcoin Hits Record High – cover image
Dollar Weakens Amid Fed Rate Cut Bets as Bitcoin Hits Record High

The U.S. dollar fell to multi-week lows due to expectations of Federal Reserve rate cuts, while Bitcoin surged past $124,000 driven by institutional investments and regulatory support. Global currencies like the British pound, euro, and Australian dollar also strengthened against the dollar amid mixed economic data and policy signals.