Circle Launches Arc Mainnet With BlackRock, DTCC and Visa Producing Blocks
The Layer 1 charges gas in USDC and runs proof-of-authority across a permissioned set of 11 institutions plus Circle. More than 100 applications are live at launch, with Aave, Morpho and Uniswap anchoring DeFi. Circle minted 10 billion ARC tokens this week without committing to a public launch.
First reported by The Defiant.
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