MK _CRYPTO
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Circle plans to launch the Arc Layer-1 blockchain this year
$USDC
American company Circle, the issuer of the USDC stablecoin listed on exchanges, announced its intention to launch a new Layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM) environment before the end of this year.
The new network, which will be named Arc, is designed to be primarily focused on the institutional sector, aiming to support stablecoin payments, international financial transfers, and capital markets applications.
American company Circle, the issuer of the USDC stablecoin listed on exchanges, announced its intention to launch a new Layer-1 blockchain compatible with the Ethereum Virtual Machine (EVM) environment before the end of this year.
The new network, which will be named Arc, is designed to be primarily focused on the institutional sector, aiming to support stablecoin payments, international financial transfers, and capital markets applications.
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