Uniswap Surges on Stablecoin Partnership, Eyes $100 Target

Uniswap (UNI) is on a rebounding streak, having extended its recovery for six consecutive days and reaching near $3.00 at the time of writing on Tuesday.

The rally aligns with the broader risk-on sentiment in the crypto market, which is being fueled by easing geopolitical tensions in the Middle East.

Uniswap has partnered with Arc to provide stablecoin liquidity, bringing deep liquidity on-chain for stablecoins and integrating with an API.