CoinScoopCircle launches Arc mainnet with support from BlackRock, DTCC, and Visa
Circle has launched the Arc Layer 1 mainnet, which utilizes USDC for gas fees and operates on a proof-of-authority consensus mechanism involving 11 institutions. Over 100 applications are live, including Aave, Morpho, and Uniswap. Additionally, Circle minted 10 billion ARC tokens this week.
Summaries are written by AI from the original article. Not investment advice.