Circle will launch the public mainnet of its Arc blockchain on September 16, revealing a founding validator cohort of traditional financial giants alongside Q2 results showing $701 million in revenue.
Circle, the issuer of USDC, has launched Arc, a new Layer-1 blockchain optimized for stablecoin applications. It aims to address infrastructure challenges like fee volatility and settlement finality, offering predictable fees and enhanced privacy features for institutional adoption.
Circle reported strong Q1 earnings and a $222M Arc token raise, while Michael Saylor clarified Strategy's Bitcoin sales strategy. Meanwhile, OpenAI launched Daybreak for cyber defense, and markets remain cautious ahead of today's CPI release.
