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Arc Chain will launch on September 16, and Circle co-founder actively responds to the fomo launch announcement

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Since this week, the on-chain market driven by Robinhood has temporarily cooled down, with mainstream cryptocurrencies experiencing a pullback. The market is pinning its hopes for the next round of activity on the Arc Chain, which will launch on September 16.Arc Chain, developed by the stablecoin issuer Circle, is an open blockchain network primarily aimed at institutional users. There are differing opinions in the market regarding whether it will support the crypto-native meme coin culture. Platforms such as OpenSea and fomo have announced that they will support Arc Chain as soon as possible. In response to the fomo launch announcement, Circle co-founder Jeremy Allaire has made a positive statement.

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