Circle Unveils Arc Mainnet for Institutional Finance

Circle has launched its Arc mainnet for institutional finance, marking a significant milestone in the development of stablecoins and digital assets.

The launch is part of Circle's efforts to create a more accessible and efficient financial system, leveraging blockchain technology to facilitate cross-border transactions and reduce costs for businesses.

Arc is designed to provide a seamless experience for institutions to invest, borrow, and lend in USDC (USD Coin), the stablecoin issued by Circle.