Circle: Arc will not roll back transactions in USDC thefts
- —Arc launched on September 16, 2026, on Malachite consensus with sub-second finality
- —USDC is the native gas and settlement asset of the Arc network
- —Launch validators included BlackRock, Visa and Mastercard under a Proof-of-Authority model
- —The ARC token was issued with a total supply of 10 billion; staking and governance are not yet active
Why it matters: Circle publicly drew a line between network immutability and USDC token freezing, setting a standard for stablecoin infrastructure.
Source: Crypto Briefing