Crypto
Circle Unveils Arc Blockchain With Over 100 Institutional Partners
Circle has launched its Arc Layer 1 network, a blockchain infrastructure designed for financial markets, payments, and AI-powered economic activity.
The network debuts with over 100 institutional and ecosystem participants, including major financial institutions like BlackRock, Mastercard, Visa, Standard Chartered, Galaxy, ICE, DTCC, and MoneyGram. USDC is integrated as the main gas token, providing predictability for users.
Arc's key features include sub-second finality, support for assets like USDC, EURC, and tokenized real-world assets, and the ability to pay transaction fees directly with USDC.