Circle debuts Arc mainnet with support from major institutional partners
Circle has officially launched the Arc public mainnet, a Layer 1 infrastructure built for financial markets and payments, featuring over 100 institutional participants including BlackRock, Visa, and Binance. The network uses USDC as the primary gas token and supports assets like EURC and tokenized real-world assets. While 10 billion ARC tokens have been minted for future governance and security, Circle clarified that no public token launch is currently confirmed.
Summaries are written by AI from the original article. Not investment advice.