Foresight News reports that Informal Systems has announced the acquisition of its high-performance consensus engine Malachite by the global fintech company Circle Internet Group (CRCL), which will be used to support the launch of the Layer-1 blockchain network Arc, specifically designed for stablecoin finance. Circle's integration of Malachite will enhance the performance, reliability, and security of stablecoin payments, further realizing the vision of low-cost, borderless trusted financial infrastructure. The Malachite codebase will continue to be maintained under the Apache 2.0 open source license, ensuring ongoing innovation in the industry.