Circle Unveils Arc Blockchain: A Game-Changer for USDC and Stablecoin Finance
Circle, the second-largest stablecoin issuer, has launched Arc—a purpose-built Layer-1 blockchain aimed at revolutionizing stablecoin-based financial applications. The platform focuses on payments, foreign exchange, and capital markets, providing developers and institutions with a scalable, EVM-compatible ecosystem featuring sub-second finality and low transaction fees.
Arc incorporates an integrated FX engine for built-in liquidity and supports advanced privacy features, positioning itself as a hub for innovation in tokenized value. Its proprietary consensus mechanism, Malachite, ensures resilience under high-volume conditions, furthering Circle's mission to expand stablecoin utility beyond speculative trading into mainstream financial applications.