Blockchains are payment networks. Every major financial services provider wants to own their network, benefit from token rewards like an equity and settle transactions with their currency too. It's why I am bullish on Avalanche. Giving indviduals, teams and large businesses the ability to operate a blockchain that set up with the best distribution networks, along with the flexibility to customize permissions and technical preferences. Congrats to @circle on owning their network. Many more financial services providers will see this use case as a bullish example to move forward with their own blockchain too.
Circle
Circle12.8. klo 20.34
Introducing Arc, the home for stablecoin finance. @Arc is an open Layer-1 blockchain purpose-built to drive the next chapter of financial innovation powered by stablecoins. Designed to provide an enterprise-grade foundation for payments, FX, and capital markets, Arc delivers the performance, reliability, and liquidity builders need to meet global financial demands. Arc features: ✅ USDC as native gas ✅ Built-in FX engine ✅ Deterministic sub-second finality ✅ Opt-in privacy ✅ Full Circle platform integration Open, composable, and EVM-compatible, Arc is designed to interoperate seamlessly with the broader multichain ecosystem. As part of our mission to advance blockchain infrastructure, we're excited to welcome the Malachite team and IP from @informalinc to Circle. Arc is built on Malachite’s high-performance consensus engine. In line with our commitment to open-source development, the core software for Arc will be released under a permissive license, enabling the broader developer community to contribute, extend, and build on top. Serving as foundational infrastructure for the internet, Arc will enable 24/7 global settlement that’s as seamless and native as messaging on the web. Arc will enter private testnet in the coming weeks, with public testnet expected this fall. Read the litepaper: Let’s build the new internet financial system together:
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