CoinScoopCircle launches Arc Layer 1 mainnet with institutional support
Circle has launched the public mainnet for its Layer 1 blockchain, Arc, which is EVM-compatible and supports USDC for gas fees. Over 100 applications and institutions are participating in the ecosystem. The network features 11 founding validators, including BlackRock, DTCC, ICE, Mastercard, and Visa. Circle and DTCC also plan to tokenize DTC-custodied assets on Arc starting in late 2027.
Summaries are written by AI from the original article. Not investment advice.