Circle launches Arc L1 blockchain on September 16 with Uniswap support
- —Circle's Arc public mainnet launches on September 16
- —Uniswap, Aave and Morpho will connect from the network's first day
- —Gas on the network is paid in USDC, with finality under 1 second
- —Validators: BlackRock, Visa, SBI Group, Sumitomo Corp
Why it matters: Arc could strengthen USDC's role in payments and DeFi, creating competition for Ethereum and other L1s for institutions.
Source: CoinDesk Japan