💡Informal Systems announced that its high-performance consensus engine Malachite has been acquired by the global fintech company Circle Internet Group (CRCL), which will be used to support the brand new stablecoin-specific Layer-1 blockchain network Arc.
🔎 This means that Circle is transitioning from a "stablecoin issuer" to an "infrastructure builder," not only providing USDC but also building an underlying network capable of supporting large-scale stablecoin settlements and financial applications.
📊 From a strategic perspective, this move may be aimed at:
1️⃣ Ensuring the performance and compliance of future stablecoins operating on-chain;
2️⃣ Gaining control over autonomous underlying consensus technology to avoid reliance on third-party public chains;
3️⃣ Creating a closed-loop ecosystem in areas like RWA, payments, and settlements.
🌍 If Arc can indeed be implemented with high performance and financial-grade standards, Circle may not just be a stablecoin giant, but evolve into the next generation of "financial infrastructure operators." #rwa #稳定币