Circle's institutional-grade blockchain, Arc, experienced a launch day heavily influenced by memecoins, according to reports from Thursday morning. Traders associated with these memecoins had already shifted their focus by the early hours of Thursday, indicating a rapid turnover and speculative…
Reports mentioning Arc
CoinDesk3 min read
Circle's Arc Blockchain Launched Amidst Memecoin DominanceCoinDesk3 min read
Circle Launches Arc Blockchain for Payments and Tokenized AssetsCircle, the company best known for issuing the USD Coin (USDC) stablecoin, has launched its own blockchain network named Arc. Jeremy Allaire, the CEO of Circle, described Arc as a development that is "more consequential" than the creation of USDC…
Decrypt4 min read
Circle Launches Arc, a New Layer-1 Blockchain Tailored for Stablecoin FinanceCircle, the prominent issuer of the USD Coin (USDC) stablecoin, has officially launched Arc, a novel layer-1 blockchain specifically engineered to cater to the burgeoning needs of stablecoin-native financial applications.