Circle launches Arc mainnet and issues 10 billion ARC tokens
- —The Arc mainnet launched with 100+ applications and 100+ partners from day one
- —Validators: BlackRock, DTCC, Visa, Mastercard, ICE, Standard Chartered, Galaxy
- —10 billion ARC issued, but a public token launch is not guaranteed
- —Gas in USDC, finality under one second, move to PoS being considered by 2027
Why it matters: Arc could become key infrastructure for stablecoin payments with backing from major banks, but uncertainty over the ARC token limits its value to the market.
Source: Unchained