Curve Finance has introduced FXSwap, a new pool design for onchain forex and low-volatility pairs, aiming to improve liquidity density, pricing efficiency, and LP accessibility across a wider range of assets.

Polygon Labs, Frax, Curve Finance and DFB Network have launched forex liquidity pools on Polygon for fiat-pegged stablecoin swaps using frxUSD, targeting the $6.6 trillion daily FX market with transparent pricing and instant settlement.