USDC's $74B Market Cap Fuels Hopes for Arc Mainnet Growth
The mainnet of Arc has officially gone live, and with it comes speculation about whether the $74 billion market capitalization of USDC can help drive growth for the network.
Arc's mainnet launch is seen as a significant milestone in the development of the project, which aims to provide a scalable and secure platform for decentralized finance (DeFi) applications.
The success of Arc will largely depend on its ability to attract users and developers, and one key factor that could influence this is the presence of USDC, a widely-used stablecoin with a massive market capitalization.