Foresight News reports that the decentralized perpetual contract trading protocol Hibachi plans to launch a stablecoin-settled foreign exchange trading platform on Arc. The platform will have instant settlement as the default mode, featuring tight bid-ask spreads, deep liquidity, and matching speed and system availability that meet traders' needs. Hibachi stated that it has received support from Arc Builders Fund under Circle Ventures.
Foresight News previously reported that Hibachi completed a $5 million seed round financing last March, with participation from Dragonfly, Electric Capital, and echo among others.
