Spark is launching a stablecoin FX layer with @Uniswap.
$100 million in liquidity across USDS, PYUSD, and USDC pools.
"There's all these little pockets of trillions of dollars, billions of dollars of volume and spreads happening. And there's little pieces to pick up."
"We're looking at all the pockets of financial services and fintech, and we're bringing them on chain. And we're doing it at scale."
"Financial services takeover from the industry at large. Expect more of this."
@Uniswap
Huge milestone for DeFi.
Moving $150M in liquidity is a strong signal of confidence, and earning yield on both active and idle assets is exactly the type of efficiency the ecosystem needs. Great work from the team.
Spark is building stablecoin infrastructure on Uniswap
They just moved $150M in liquidity to the protocol, marking one of the largest migrations in DeFi history
This liquidity will soon move to their new DualPool hook, so they can earn on both active and idle assets
Ethereum’s greatest innovation isn’t code—it’s credible neutrality.
Now we take that foundation and scale it worldwide.
Different teams. Different approaches. One shared future. ⚡️🦄