CoinScoopCircle Launches Arc Layer 1 Blockchain
Circle has officially launched the mainnet for Arc, its EVM-compatible Layer 1 blockchain. Designed to bridge traditional finance and crypto, Arc uses USDC for gas fees and features sub-second finality. The network is supported by institutional validators including BlackRock, Mastercard, Visa, DTCC, and Standard Chartered. Future development will focus on privacy zones and infrastructure for autonomous AI agents.
Summaries are written by AI from the original article. Not investment advice.