Spark(@sparkfinance):$3.33B moved through the Stablecoin FX Layer in its first month. That activity ran across the USDS/USDT and USDS/PYUSD pools Spark migrated liquidity into on @Uniswap v4, which currently hold $150.3M combined. Recorded pool activity over the window was roughly 22 times that current snapshot. One month in, the FX Layer has an operating record, not just a projection. For a shared liquidity layer, available depth matters. Whether that depth gets used matters just as much.

Spark

@sparkfinance

Spark is the allocation intelligence layer for digital finance, coordinating capital across DeFi, CeFi & RWAs. Institutional Capital | Intelligently Allocated.

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Spark@sparkfinance

2026.07.29 13:46

$3.33B moved through the Stablecoin FX Layer in its first month. That activity ran across the USDS/USDT and USDS/PYUSD pools Spark migrated liquidity into on @Uniswap v4, which currently hold $150.3M combined. Recorded pool activity over the window was roughly 22 times that current snapshot. One month in, the FX Layer has an operating record, not just a projection. For a shared liquidity layer, available depth matters. Whether that depth gets used matters just as much.