Circle Launches Arc Mainnet with Institutional Validators and 10 Billion ARC Token Genesis

Circle has officially launched its Layer 1 blockchain, Arc, with over 100 applications available at launch, including Aave V4, Morpho, and Uniswap. The network, which uses USDC for gas fees and features sub-second finality, is EVM-compatible. Founding validators include major institutions such as BlackRock, DTCC, ICE, Mastercard, and Visa.