Arc Blockchain Launches Public Mainnet with Major Financial Institutions

Circle's Arc blockchain has launched its public mainnet on September 16th with initial validators from major financial institutions, including BlackRock, Visa, Mastercard, and Standard Chartered. Over 100 institutional and ecosystem builders have been working on the network before its launch.

Arc integrates institutional-level infrastructure and an open blockchain for tokenization of assets, stablecoins, and digital financial services. The platform aims to bring blockchain adoption within traditional financial systems, enabling tokenized assets, real-time payments, and institutional digital investments.

Circle's CEO Jeremy Allaire stated that Arc is designed to establish itself as a reliable blockchain infrastructure where open invention meets the compliance, governance, and security requirements of worldwide monetary institutions.