How Circle’s institutional Arc blockchain got taken over by memecoins on day one
5 Articles
5 Articles
Bullcheese Review: A Memecoin Launchpad on Circle's Arc With No Bonding Curve
Circle released the public mainnet of its Arc platform on September 16, 2026, describing the project as an open Layer 1 blockchain created specifically for financial services and fast, agentic movement of money. Gas on Arc will be paid in USDC instead of using a native volatile token and Circle claims that there were over 100 projects working on the platform on the very first day. The launch also brought trading infrastructure and memecoin platf…
Circle’s Arc Blockchain Launch Sparks Debate Over Team Conduct and Memecoin Promotion
Circle’s Arc mainnet launched on September 16 with an ambitious proposition: build an institutional-grade blockchain around USDC, predictable transaction costs, sub-second finality and financial applications. Yet almost immediately, the network’s launch became entangled with a very different crypto tradition—the speculative frenzy surrounding memecoins and accusations that ecosystem participants were promoting competing tokens. The tension is […]
Arc Chain $410M Debut: 82% Came From Memecoin Launchpads
Arc, Circle's EVM-compatible Layer 1 blockchain built for institutional finance, recorded $410.8 million in decentralized exchange (DEX) volume across 7.76 million transactions on its first day of mainnet operations, according to Dune data compiled by Cryptopolitan. Memecoin launchpads accounted for $336.3 million of that total, roughly 82% of all trading activity on a chain designed for real-time settlement and regulated financial products. Th…
Meme Coin Launchpads Captured 82% of Arc's First Day Trading Volume
Meme coin launchpads accounted for roughly 82% of the $410.8 million in decentralized exchange volume that Circle's Arc network cleared on its first day of public mainnet. Circle built Arc for financial markets, real-time money movement, and agentic economic activity. Instead, speculative traders...
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