Finery Markets has introduced a stablecoin-first trading solution built to support asset listings, liquidity distribution, and secondary market formation through a new private-room trading architecture. The launch targets institutional stablecoin activity and addresses systemic risks associated with depeg events, while enhancing capital efficiency and compliance readiness.
The infrastructure allows stablecoin issuers to activate trading pairs via API within 24 hours, enabling secondary liquidity without traditional listing requirements or collateral hurdles. The system connects over 150 institutional participants and liquidity providers across 20 fiat currencies, with real-time settlement capabilities across multiple blockchains.
Stablecoins must also thrive in liquid secondary markets
Konstantin Shulga, CEO and co-founder of Finery Markets, commented, “Full adoption takes more than just regulatory clarity and on/off-ramp payment infrastructure. For stablecoins to become a backbone of global financial plumbing, they must also thrive in liquid secondary markets – something the current infrastructure only partially supports. That’s exactly what we’re building – an environment that reflects institutional expectations for trades execution, depth of liquidity, latency, pre- and post-trade services, specifically tuned for a flourishing, fully compliant stablecoins market.”
The platform’s private rooms allow for compartmentalized execution, isolating counterparties from broader market exposure and mitigating systemic risks caused by stablecoin depegs. The design reflects demand for flexible execution models such as order books, RFQ streams, and bilateral negotiation, all delivered through a unified API.
As stablecoin adoption grows, the need for reliable secondary market infrastructure is becoming more urgent. Stablecoins accounted for 62 percent of onchain transaction volumes in the first quarter of 2025, up from 23 percent in 2023. This expansion has been accompanied by increased market fragmentation, cross-chain volatility, and regulatory scrutiny.
The new system launches ahead of expected legislative developments such as the U.S. GENIUS Act and follows the phased rollout of MiCA in Europe, which together are expected to accelerate the institutional adoption of compliant stablecoins. Finery Markets is positioning its offering as the infrastructure layer needed to meet this shift.
Liquidity, onboarding, settlement, execution
Key features of the stablecoin infrastructure include:
Stablecoin Liquidity as a Service: Access to institutional-grade liquidity from over 150 participants and multiple LPs
Rapid Asset Onboarding: New trading pairs deployable within 24 hours
Real-Time Multi-Chain Settlement: Automated cross-chain operations
Unified Execution Tools: Order book, RFQ, and bilateral negotiation through a single API
Finery Markets has processed over $200 billion in client orders to date and serves clients in more than 35 countries. Founded in 2019, the firm offers a hybrid ECN with non-custodial SaaS infrastructure that includes both crypto-native and institutional trading models. Its client base spans payment processors, OTC desks, brokers, hedge funds, and custodians.
The rollout of stablecoin-specific infrastructure reinforces Finery Markets’ focus on building trading environments that meet institutional standards while reducing systemic risk across digital asset markets.