Circle Launches Arc Mainnet, Calling It Its Most ‘Significant Launch’ Since USDC
12 Articles
12 Articles
Circle Launches Arc Mainnet as CRCL Stock Drops 11% Before Debut
Key Insights Circle launched the public mainnet for Arc on Sept. 16, opening its blockchain to developers and financial institutions. The network uses USD Coin for gas and targets payments, tokenized assets, foreign exchange, and settlement. Arc’s launch followed an 11.4% drop in Circle stock during Tuesday trading. The timing placed the product launch against […]
Circle Launches Arc Mainnet, a USDC-Native Layer 1 Backed by BlackRock, Visa, Mastercard as Validators
The blockchain settles transactions in USDC instead of a volatile gas token and launched with more than 100 applications live on day one, from Aave and Uniswap to Binance and Coinbase.
On September 16th, Circle, a major US-based stablecoin issuer, announced the launch of the mainnet for its underlying Layer 1 (L1) blockchain, "Arc"... The post Circle launches new blockchain "Arc" with USDC fee payment first appeared on NADA NEWS.
Circle Launches Arc Mainnet, Calling It Its Most ‘Significant Launch’ Since USDC
Circle has launched Arc to bring stablecoin payments and financial transactions onto a Layer 1 blockchain with fees paid in USDC. The company reported more than 100 applications at launch, with over 100 institutions and ecosystem builders live on or exploring its private mainnet before the public launch. The Circle Arc mainnet integrates with the [...]
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