TLDR Tech / Crypto
Circle Targets Sept. 16 for Arc Public Mainnet Launch
Circle has set September 16 as the public mainnet launch for Arc, a permissioned proof-of-authority blockchain where block production stays restricted to authorized validators even as the network opens to public users and developers. The founding validator cohort consists of Circle and 11 institutions including BlackRock, DTCC, Mastercard, Standard Chartered, and Visa, with documentation indicating around 20 validators total at launch. Arc's public testnet recorded 671.5 million transactions across close to 3 million wallets, and over 100 partners have activated on private mainnet, with Uniswap committing to day-one deployment. The chain settles transaction fees in USDC and maintains EVM compatibility, anchoring it within Circle's stablecoin infrastructure and the broader Ethereum application ecosystem.
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