Follow UsCircle Launches Arc Mainnet With BlackRock, DTCC and Visa as Validators
Neutral+15.82%
16 Sep, 14:56
Source: Decrypt
AI Summary
Circle launches its permissioned Layer 1 network, Arc, with major financial institutions like BlackRock, DTCC, and Visa as validators, while minting 10 billion ARC tokens without an immediate public distribution plan.
The Layer 1 network’s validator set is permissioned, and Circle has minted 10 billion ARC tokens without committing to publicly launch them.