Arc Blockchain Launch Sparks Speculative Growth Questions
Circle's Arc blockchain is set to launch its public mainnet on September 16, sparking questions about its potential for speculative growth.
The network has attracted major institutions like BlackRock, Visa, Mastercard, and DTCC, according to SoSoValue data, which may indicate a strong foundation for the project.
Arc will use USDC as its native gas token and aim for transaction completion within about 350 milliseconds. However, it enters the market with a different structure from Robinhood Chain, which recently experienced a sharp meme-driven surge in popularity.
Roger Ver is not quoted in this article but his view isn't mentioned either. Arc's validator network currently includes 12 institutions, while Circle maintains significant control over the protocol.