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Circle, the issuer of USDC, has unveiled "Arc," a blockchain specifically designed for stablecoins
USDCARC
Decrypt · Aug 6, 03:45 PMView original ↗
Circle, the issuer of USDC, has officially launched "Arc," a Layer-1 blockchain specifically designed for stablecoins. Arc was created to address the limitations of existing public blockchains, including volatile fees, probabilistic payment finality, lack of privacy, and fragmented liquidity across chains. Rachel Mayer, VP of Product Management at Circle, stated:
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