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Arc Platform Sees USDC Liquidity Boost After Coinbase Partnership

Guavy AI Editorial Team
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USDC
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Jeremy Allaire, co-founder and CEO of Circle, noted an improvement in USDC liquidity on the Arc platform following collaboration with Coinbase. The development comes as part of Circle's expansion efforts.

Allaire reported that over 1 percent of CRCL is held as tokenized stock, totaling more than $280 million, making it a significant holding among public companies.

In related news, economists at Jackson Hole are examining how tokenized money affects the international monetary system. Circle's platform collaborations and digital asset offerings continue to grow.

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