Spark deploys US$150M to Uniswap pools

• Spark has deployed about US$150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a shared liquidity initiative.
• The deployment is the first phase of a planned programmable liquidity system designed to improve stablecoin trading infrastructure.
• Spark said future phases will introduce its Shared Liquidity Layer and DualPool hook to expand liquidity management across stablecoin markets.

Spark has deployed approximately US$150 million in stablecoin liquidity into two Uniswap (CRYPTO:UNI) v4 pools on Ethereum (CRYPTO:ETH), launching the first phase of a collaboration to build shared liquidity infrastructure for stablecoin issuers.

The initial deployment pairs USDS with PayPal USD (CRYPTO:PYUSD) and Tether (CRYPTO:USDT), with Spark describing the migration as one of the largest automated market maker liquidity transfers completed in decentralised finance.

“These pools represent the initial deployment of approximately US$150 million of liquidity and establish the first phase of the Stablecoin FX Layer,” a Spark spokesperson said.

Spark said later phases will introduce its Shared Liquidity Layer and DualPool hook, which are intended to use Uniswap v4's programmable architecture to allocate liquidity across trading venues and approved yield strategies, subject to additional security reviews and testing.

The company said the framework is designed to allow future stablecoin issuers to access shared liquidity instead of building separate liquidity pools and coordinating market makers independently.

The deployment follows Standard Chartered's forecast that assets held in decentralised finance could reach US$2.7 trillion by 2030, with Uniswap expected by the bank to benefit from increased tokenised asset trading activity.

The migration also follows BlackRock's decision earlier this year to make its US$2.1 billion tokenised Treasury fund available through Uniswap, reflecting continued institutional interest in decentralised financial infrastructure.

At the time of reporting, Uniswap price was $2.84.