Circle's Arc goes live as corporate blockchain race heats up
- —Circle minted 10 billion ARC tokens at the chain's launch
- —Visa, Mastercard and BlackRock joined as inaugural validators
- —Arc is EVM-compatible and adds privacy tools for corporate clients
- —Rivals include Canton (JPMorgan, Nasdaq, Goldman Sachs), Tempo (Stripe), Avalanche, Robinhood Chain and Base
Why it matters: Banks and payment giants are picking a blockchain for asset tokenization, shaping the market's settlement infrastructure for years to come.
Source: Fortune Crypto