Arc Chain to Launch on September 16 as Circle Co-Founder Responds to fomo Launch Teaser

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Odaily News: Since the start of this week, the on-chain market momentum driven by Robinhood's chain has temporarily cooled, major cryptocurrencies have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain, developed by stablecoin issuer Circle, is an open blockchain network aimed primarily at institutional users, and the market is divided over whether it will support crypto-native meme coin culture. Platforms such as OpenSea and fomo have announced they will support Arc Chain at the earliest opportunity, and in response to fomo's launch teaser, Circle co-founder Jeremy Allaire has responded positively.

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