Sky collaborates with Spark and Uniswap to launch FX Layer, providing $150 million USD liquidity

Sky has partnered with Spark and Uniswap to launch the stablecoin exchange system FX Layer, with Sky providing $150 million in USDS liquidity support. USDS serves as the initial valuation asset, providing basic liquidity for the USDS/USDT and USDS/PSYSD fund pools. Spark serves as the orchestration layer to coordinate liquidity allocation, while Uniswap v4 provides a programmable AMM architecture to execute transaction paths. The system aims to provide a shared liquidity infrastructure for stablecoin issuers.